SOL/USDT: Massive Bearish Flag - Road to $47.53
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As shown in my chart, Solana is following a textbook Bearish Flag pattern. The flagpole started from the $150 level, and after a period of consolidation, the price is now rejecting the upper resistance of the flag.
I have drawn a purple projection line that shows the expected path. Once we break the $80-82 support zone, I expect a rapid move downward. My primary target is $47.53, which aligns with the measured move of this giant flag and historical support levels.
Key points:
• The flagpole initiated from $150.
• Price action is following my purple trendline perfectly.
• Target: $47.53. -
@cryptobro thats brutal