Solana: Clean Chart Sets Future Trade Pivot
Solana at $75.3 forms clean pivot level as @Pentosh1 highlights 50% retracements and lower Bollinger support at $75.33.
SourceAnalysis
Solana at $75.3 displays a clean structure that @Pentosh1 flags as a future pivot to cap downside while capturing the bulk of any upside, with numerous tokens already retracing roughly 50% from last week’s lows off the move. In the 4h chart, price tests the lower Bollinger support at $75.33 beneath a bearish trend where the EMA50 at $77.79 serves as concrete resistance and the MACD death cross at -0.74 reinforces weakening momentum, pointing to a probable retest of that EMA before continuation in tandem with BTC price action and refined SOL price prediction models.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.