Momentum is building with this Bearish Flag. See the live chart action.
Bearish continuation if preceding move was down.
Gradual reversal from bearish to bullish.
Traders are watching Solana (SOL) as price action tightens. With a last close of $69.25, volatility remains active (-3.73%). The primary technical feature is a Bearish Flag formation. The trend indicator is reading 1.7/100, suggesting moderate momentum. A potential breakout level is identified at $60.41, targeting $22.56 with support near $75.94 (R:R 2.44).
What is your outlook on SOL?