Solana has suffered severe pressure, as its price has decreased by more than 10 % in the past 24 hours with the condensation of the landing momentum through the main indicators. Ichimoku Cloud, BBTREND and Price Cruction indicate the risk of continuing on the negative side, as Sol now is dangerous from critical support levels.
Technical signals show that the sellers control firmly, while the widening gap of the resistance areas makes the short -term recovery more difficult.
The Solana’s Ichimoku Cloud cloud is currently planning strong downward signals. The price has been severely broken to less than both Tenkan-Sen (Blue Line) and Kijun-Sen, which confirms a clear rejection of short-term support levels.
Both these two lines are now a corner of the bottom, which strengthens the opinion that the declining momentum is gaining strength.
The sharp distance between the latest candles and the cloud indicates that any recovery will face great resistance in the future.
Looking at Kumo (Cloud) itself, the expected red cloud is thick and down to the bottom, indicating that the declining pressure is expected to continue in the upcoming sessions.
The price is much lower than the cloud, which usually means that the original is in the direction of a strong landing.
In order for Solana to be reflected in this direction, you will need to restore Tenkan-Sen and Kijun-Sen and to pay decisively through the structure of the entire cloud-which is the result of the short term, given the current momentum and the formation of the cloud.
Solana Bbtrend signals long tall momentum
SolaNa is currently located in -6, where it remains in negative lands for more than five consecutive days. Just two days ago, it reached a declining peak of -12.72, which indicates the strength of the last declining direction.
Although the matter has been recovered a little from this depression, the continuous negative reading signals indicate that the pressure remains firmly in control and that the declining momentum has not been reversed yet.
BBTRand (Bollinger Band Trend) measures the strength and direction of the direction using Bollengerer. Positive values refer to upward conditions and ascending momentum, while negative values indicate hybrid trends.
In general, the values that exceed 5 signals are strong. As the Solana BBTRENA continues to less than -5, this means that the risk of the negative side is still high.
Unless a sharp transformation in the momentum occurs, this continuous declining reading may continue to assess the Sol price in the short term.
Solana Eyes $ 112 $ as Test Bears February Lows
Solana price decreased to less than $ 115, and the following main support lies about $ 112. A certain step below this threshold can lead to more negative side. This may pay the price to less than $ 110 for the first time since February 2024.
The last momentum and strong homogeneous indicators indicate that sellers remain in control, which increases the possibility of testing low support levels in the short term.
However, if Solana managed to install her current path and its opposite, she may follow a recovery towards the resistance level of $ 120.
The collapse above it will be the first sign of recovery, and if the upscale momentum is accelerating, Sol PRICE may aim at higher targets at $ 131 and $ 136.
Disintegration
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