Solana is flashing some important signals across multiple timeframes right now.
On the daily chart, a clear bearish divergence has formed while buying volume is steadily declining. This setup usually points toward a healthy correction phase. At the moment, SOL looks like it could slide toward the $225–$220 zone, where we might see the first reaction.
If SOL manages to hold above $200 support, this pullback could simply turn into a higher low, setting the stage for continuation upward. But here’s the caution: losing $200 means breaking the last structural support, which could flip the trend and open the doors for a new lower low — potentially triggering a much larger dump.
👉 In short: Watch the $225–$220 range for short-term correction targets. Keep a close eye on the $200 level, because that’s the line between a healthy pullback and a bearish breakdown.
Trade safe and don’t chase candles — let the levels confirm the story.
On the daily chart, a clear bearish divergence has formed while buying volume is steadily declining. This setup usually points toward a healthy correction phase. At the moment, SOL looks like it could slide toward the $225–$220 zone, where we might see the first reaction.
If SOL manages to hold above $200 support, this pullback could simply turn into a higher low, setting the stage for continuation upward. But here’s the caution: losing $200 means breaking the last structural support, which could flip the trend and open the doors for a new lower low — potentially triggering a much larger dump.
👉 In short: Watch the $225–$220 range for short-term correction targets. Keep a close eye on the $200 level, because that’s the line between a healthy pullback and a bearish breakdown.
Trade safe and don’t chase candles — let the levels confirm the story.
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FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.