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Solana produces strong bearish signal; Is $90 next?

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As Solana (SOL) shows potential for continued bullish momentum in search of reclaiming the $200 resistance, an analyst has warned that investors should be ready for a possible bumpy ride ahead. Specifically, crypto trading expert Alan Santana has observed that Solana, the decentralized finance (DeFi) token, exhibited a significant bearish signal in August 2024 that could suggest a deeper decline in its price. In a TradingView post on August 10, Santana pointed out that Solana’s recent price and volume patterns bear a striking resemblance to those observed in July 2023. Picks for you 5th richest crypto investor revaluates his multi-millionaire ETH bet against wBTC 57 mins ago Buy signal for two strong cryptocurrencies this week ...