Technical analysis by Crypt0K3VIN about Symbol SOL: Sell recommendation (2/23/2025)
https://sahmeto.com/message/3267948
Crypt0K3VIN
Rank: 27499
Solana (SOL/USDT) Showing Bearish Signs – Further Downside 1D
Sell
Price at Publish Time:
$167.28
Profit Target:
(+37.83%)$104

Solana (SOL) is currently displaying bearish price action on the charts. After failing to hold key support levels, the price has started trending downward, signaling potential further downside.Large market participants appear to be interested in accumulating Solana at lower price levels. Current price action suggests that smart money is patiently waiting for a deeper pullback before stepping in with significant buy orders.Potentially interesting entry points for Solana could be approaching very soon. With the current bearish price action, the market may offer attractive opportunities for buyers looking to enter at discounted levels.
Source Message: TradingView