Momentum is building with this Descending Triangle. See the live chart action.
Bearish continuation pattern.
Technical analysis of Solana (SOL) reveals a significant setup. Price has moved to $83.81 (-3.28%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. Buying pressure is strong relative to the 20-day average. A potential breakout level is identified at $76.82, targeting $56.22 with support near $87.33 (R:R 1.96).
What is your outlook on SOL?