Technical analysis by PouyanTradeFX about Symbol SOL: Sell recommendation (4/5/2025)

👀 Observation:Hello, everyone! I hope you're doing well. I’d like to share my analysis of SOL-USD (Solana) with you.Looking at the Solana chart, I expect a potential price decline with a first target of $99.34. If the weekly candle manages to close above $99.34, we might see a bullish continuation from that level. However, if Solana closes below $99.34 on the weekly timeframe, I anticipate further downside, possibly reaching $68.20.📉 Expectation:Bearish Scenario: Weekly close below $99.34 → potential move toward $68.20.Bullish Scenario: Hold above $99.34 → possible bullish reversal.💡 Key Levels to Watch:Support: $99.34 and $68.20Resistance: $99.34 zone (as a key flip level)💬 What’s your take on Solana? Drop your thoughts in the comments!Trade safefirst target touch