Just noticed SOL is trading around 80.35 right now, down about 2.6% over the last 24 hours. Been watching the charts and there's something interesting forming here.

On the weekly, I'm seeing what looks like a classic head and shoulders pattern taking shape for August timeframe. The hns pattern combined with bearish divergence signals on multiple indicators is pretty telling. It's the kind of setup that usually precedes a trend shift.

What caught my attention more is the daily structure though. SOL has been printing lower lows and lower highs, which is textbook bearish. Right now it looks like another lower high is forming, and within that move there's a rising wedge developing. That hns pattern we see on the weekly is basically confirming what the daily is already showing us.

So basically both timeframes are singing the same song here - bearish signals stacking up. The rising wedge on the daily and that weekly head and shoulders pattern are pretty well aligned. Usually when you get that kind of confluence across multiple timeframes, it's worth paying attention to.