Solana technical setup looks bearish after breaking below key support at $149.54; geopolitical tensions and a "head and shoulders" pattern suggest further declines, making me consider going short.
Solana forum
Actually this whole dump was predictable long-long time ago, if you look at weekly and monthly charts.
-bearish divergences on everything
- bearish MACD crosses
-lot of H&S on most of alts...
everything was pointing down heavily and it looks like just the begining to me. and now this war also...
I hope i am wrong and we see big pumps from september, october but its really hard to beleive.
right now i am waiting for consolidation and reversal, so we can TP higher. but then i dont expect anything good in the next few weeks
let me know your opinions guys...
buy these low lows and hope for October etf approval. It won't happen before.
Will start to climb to new highs at the end of summer but bet it gets crazy around October approval or deny.
I bet approval as long as the network stays stable.