Days ago, $SOL executed a fake break below the trend line, a move that shook out many buyers before the price recovered all its losses and returned inside the pattern.


This was a sign of strength.
But the picture has changed now.
After the bounce, the price reached the upper boundary of the ascending channel, while the RSI is recording lower highs despite the price making higher highs, a sign that momentum is not keeping up with the current rise.
And here begins the real test.
If buyers fail to break $78 with a strong close, we may see profit-taking that pushes the price toward:
🎯 75.83$
🎯 74.32$
🎯 72.47$
These levels are not random bearish targets, but areas where demand may return if the overall trend remains intact.
As for a close above $78 with a clear increase in trading volumes, it would invalidate the idea of a correction and open the way for the uptrend to continue.
$SOL ‌
SOL4.28%
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BridgeAnxiety
· 4h ago
RSI bearish divergence is indeed worth noting; the battle between bulls and bears at the 78 level will be intense.
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AuroraStone
· 5h ago
False breakdown shakeout then pull back, classic whale tactic. Now it depends on whether it can break out with volume.
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