Price action on SOL just confirmed a key structural shift 📉
The ascending trendline has been broken, and we’re now seeing a textbook bearish retest below prior support — which is flipping to resistance.
This setup suggests momentum is turning.
A lower high beneath the new downtrend line points to possible continuation toward the 132 zone.
• Trendline broken
• Retest in progress
• Short thesis active unless price reclaims 159+
This is not financial advice — just a breakdown of a technical idea based on structure and market behavior.
#SOL #CryptoTrading #TrendBreak #BearishSetup #TechnicalAnalysis #TradingView #QuantTradingPro
The ascending trendline has been broken, and we’re now seeing a textbook bearish retest below prior support — which is flipping to resistance.
This setup suggests momentum is turning.
A lower high beneath the new downtrend line points to possible continuation toward the 132 zone.
• Trendline broken
• Retest in progress
• Short thesis active unless price reclaims 159+
This is not financial advice — just a breakdown of a technical idea based on structure and market behavior.
#SOL #CryptoTrading #TrendBreak #BearishSetup #TechnicalAnalysis #TradingView #QuantTradingPro
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Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.