🚨 $SOL at Risk: Charts Flash $50 Target as Bear Pattern Confirms
Remember I once write a post about a report where some analysts warned that $BTC could drop nearly 50% back in early October, when btc was near the top?
At that time, I didn’t really take it seriously. Many people also didnt.
But today, btc already saw almost same kind of drop from ATH.
Now today, a similar report is out — this time for sol.
And honestly, this one dont feel easy to ignore. I think you should look at this too.
A new analysis shared by Cointelegraph shows that sol is forming a clear bearish chart pattern. This is not about news or panic — its only about how price is behaving on chart.
The main thing analysts are pointing at is something called a head and shoulders pattern. In simple words, this pattern usually shows up when trend is getting weak. Once price breaks an important support, it often continues to move lower.
For sol, that target is around $45–$55 range, with $50 being the level most analyst are watching.
Why this matter more now:
SOL is already down more then 70% from its high
Key support levels are already broken
There is no clear sign yet buyers are coming back
In past cycles, when sol lost similar supports, price dropped much faster then expected
This doesn’t mean sol will 100% hit $50.
It just mean the chart is now pointing that way, and market usually follow structure, not hope.
This feel very similar to that btc report many people ignored before the big drop. Same situation, same thinking.
Not fear. Not advice.
Just something important to understand before market decide for you.
Keep thinking.
$XRP #WhaleDeRiskETH #WhenWillBTCRebound #GoldSilverRally
