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#SOL – In a critical zone ⚠️📉
On the weekly timeframe, #SOLUSDT stock forms a potential Head and Shoulders pattern, which is a bearish pattern if the neckline is broken. Remember, the more a level is tested, the weaker it becomes.
$SOL stock needs to close this week above $116. If it fails to do so and breaks down, the risk of falling toward $77 increases.
RSI (RSI) is below 50
MACD (MACD) is in the bearish zone 📊
$SOL