Solana (SOL) don collapse: $67 support dey tested, bear target $40
Solana (SOL) dey turn bearish as price dey reject $86–$88 resistance again and again. After e fail to hold above that zone, SOL dey slip and $67 dey flagged as the next key support. The latest setup still talk say wider downside goal dey near $40.
For the 1-hour timeframe, SOL break down from a tightening triangle pattern, put sellers for control. Near-term downside focus shift to $77, then people still dey watch $83 and $82. Traders dey watch for reclaim: SOL need daily close back above the broken triangle trendline/upper resistance area to weak the bearish structure.
Key levels: resistance $86–$88 (and recovery signal); lower zones $77 then $67. If $67 no hold, market fit revisit deeper bearish scenarios, with $40 as the longer-range target. This na technical, price-action read for SOL traders—no investment advice.
Bearish
Both articles dey describe say SOL dey lose momentum after e dey get reject plenty times near $86–$88. Di earlier view tok say get risk for range breakdown go $67 and fit even enter under $60; di later update add clearer technical trigger: SOL don break down from one tightening triangle on di 1-hour chart. That one dey raise di chance say e go continue fall short-term go $77.
For trading, di bearish effect go show quick if SOL no fit reclaim di broken triangle trendline and di nearby $83–$82 area. If e truly break below $67, traders go likely turn dia focus back to deeper downside, with $40 mark as longer-range target. Medium/long-term, upside still depend on whether SOL fit recover above di $86–$88 zone; otherwise di current technical structure remain vulnerable.