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Solana
Short
Dec 20, 2024
$SOL Short-Term Pain Ahead
1
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SOL
price broke to the downside of the 50D SMA
Bearish Crossing from the 20D MA ahead.
Needs to hold critical support at $190 / .786 Fib
Another bearish day could dump
SOL
to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level.
RSI shows more downside for confluence.
jonnieking
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Also on:
Bearish Patterns
Fibonacci
Moving Averages
movingaveragecrossover
SOL
solana
Trend Lines
jonnieking
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