Solana coin (Left) is trying to hold around $ 137 with a depreciation of more than 2 percent in the last 24 hours. While recovery signals are seen throughout the market, technical formations that strengthen the trend of decline in Solana attract attention. The falling wedge formation and the shoulder head shoulder structure in the short -term graph indicate a possible wave of sales. An important analyst for technical signals at hand TD sequential Sales signal from the indicator was added. However, there are disagreements among investors: According to the data, some traders that make short -term transactions are still rising. This shows that an undecided atmosphere prevails in Altcoin.
Technical Analysis: Is the drop in the left coin at the door?
On Solana’s four -hour price chart falling chock And Shoulder head shoulder formation It is seen together. Especially the $ 136 level is the “neckline” of these formations. If Left coin If a four -hour candle closing below this level is to close, analysts foresee a 12 percent decrease in the price. This means that the price may decline to $ 120 levels.
Another remarkable point is the descending trend line that suppresses the price since January. LEFTevery time you approach this trend line. With the last decline movement, a strong “swallowing” candle formation was formed in the market. This is another technical indicator that increases the expectation of decline.
However, this negative picture can be reversed at any time. If the left breaks the descending trend line and manages to make the daily closing over $ 147.50, the price is increasing 22 percent to reach $ 180. For this reason, the eyes should be at the level of $ 136 and 147.5 in the short term.
TD gave a sales signal for sequential solana
Experienced Crypto Money Analyst Ali MartinezIn a statement on the social media platform X, the TD Sequental indicator announced that it gives a sales signal. This indicator had previously predicted the 22 percent rise of SOL. Therefore, investors take the sales signal of the same technical vehicle now.
However, there are disagreements about how reliable this signal is. Because such technical indicators can sometimes be misleading and market pricing may not always follow these signals one -to -one. Especially like solana, high volatility altcoinIt is important to analyze with multiple indicators for the s.
On the other hand, the investor behaviors in the market are also very interesting. CoinglassAccording to data, the $ 167 million leverage Long position is open at the level of $ 135. This shows that the majority of traders are still rising. On the other hand, there is a $ 83 million Short position at $ 140. This imbalance can cause the price to move on a tight -tangled band in the short term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
