Reason to trust
Strict editorial policy which focuses on precision, relevance and impartiality
Created by industry experts and meticulously revised
The highest standards in the declaration and publishing
Strict editorial policy which focuses on precision, relevance and impartiality
Leo football price and a little soft players. Each Arcu Lorem, ultimate all children or, Ultlamcorper football hates.
Solana decreased decomposed in a decisive way, losing a level of critical support following news that the United States has launched an attack on Iranian nuclear installations. Unexpected geopolitical development has triggered a widespread panic in the financial markets, the altcoins taking the hardest shot. Solana, in particular, experienced significant sales pressure, lowering 20% compared to its May summit of around $ 185 and now negotiating nearly $ 148.
Related reading
This ventilation confirms the concerns of investors that the trend of the ground rise has weakened. The upper analyst Carl Runefelt noted that Solana had completed a model of head and shoulder – a lower technical structure signaling a deeper drop. The price broke below the neckline of this model, confirming the continuous short -term reduction potential.
Solana’s inability to recover her front Support levels For brief rebounds. With Momentum indicators becoming a negative and wider feeling of the shaken market, the probability of rapid recovery seems thin unless macro-wandings stabilize.
Solana faces a deeper correction as the lowering pattern takes place
Solana’s optimistic momentum at the end of 2024 has almost disappeared, replaced by stagnation and net corrections as market conditions aggravate. Now, a merchant more than 50% below its top of all time, Sol continues to fight under the weight of global macroeconomic uncertainty and increasing geopolitical tensions. The American military strike on Iranian nuclear installations only added to volatility, sending shock waves via traditional and cryptographic markets.
While Solana was one of the strongest artists during the previous cycle, its price action has become decisively in recent weeks. The bulls have failed to maintain critical support levels and the asset is now broken below its short -term trend structures. According to RunefeltSolana completed a head and shoulder pattern, a conventional technical signal which often precedes a prolonged downward trend. The neckline neckline has been raped and the projected lowering lens now represents about $ 106.30 – a level not seen since February.
The rupture also reflects a wider weakness on the Altcoin market. Despite previous hopes for an allus season, the capital has turned out of risky assets, promoting Bitcoin and Stablecoins in the middle of uncertainty. Solana’s inability to recover previous summits or to establish higher stockings indicates a retirement market. Momentum indicators continue to flash red, and unless the bulls regain ground, soil could face a period of prolonged consolidation or other losses.
Related reading
Solid price analysis: break below the key support
Solana is under pressure because it breaks below the simple simple mobile average (SMA) critic of 200 days around $ 149.54, a level that had previously acted as a dynamic support. This breakdown signals the lowering feeling as a price action confirms a loss of momentum after weeks of consolidation below the resistance zone from $ 155 to $ 160. Currently, Sol is negotiated at around $ 135.99, down almost 3% over the day and more than 20% compared to its heights in May.
The graph shows a rejection near the 100 -day SMA (green line), and the movement sustained below the SMAS of 200 days and 50 days (blue line) points to a changing structure, strongly leaning towards the disadvantage. The volume remains high on red candles, confirming that the failure is supported by the increase in sales pressure rather than on a low -liquidity movement.
Related reading
If the current trend continues, Solana could revisit the range of $ 120 to $ 125, which previously served as a strong support at the beginning of the first quarter of 2025. The broader context of macroeconomic volatility and geopolitical tension, in particular the recent American attack against Iran, adds to a discomfort of investors through risks, including Altcoins as Solana. A daily closure above $ 149 would be necessary to neutralize the short-term lower structure and the feeling of quarter work. Until then, the downward risks dominate.
Dall-e star image, tradingview graphic
