Technical analysis by AndeWave about Symbol SOL: Sell recommendation (12/22/2025)

SOL attempted to break the trend. However, technically, this is a short squeeze relative to the upper boundary of consolidation. Liquidity capture amid a downtrend (bearish signal). The trend has not been broken. The attempt to break through resistance in the 127.0 - 128.0 zone was unsuccessful. A false breakout has formed, and the coin may fall to 120 - 117 if bears maintain pressure on the market. Volumes are declining...+2.3%