2026-01-01 20:22:02

Solana's Monthly Chart - Read This If You've Missed It

Head and shoulders pattern? Yep, it's right there staring at you. Anyone paying attention to the monthly can spot it.

Here's what matters: price needs to crack below that 0.786 to 0.707 log Fib zone for the full breakdown to trigger. That's the make-or-break level.

If we don't see a breakdown? Then a retest of either 0.786 or 0.707 is honestly a solid play. Not the worst outcome. The setup's clear—now it's just waiting to see which way this breaks.

SOL1,11%

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DefiVeteran

· 6h ago

It's another head and shoulders pattern. I'm tired of this routine... The key is whether it breaks below that Fib zone; otherwise, it's just repeated testing.

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DarkPoolWatcher

· 6h ago

Head and shoulders top, I’ve looked at it, but I don’t think it will break the level this time.

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AllInAlice

· 6h ago

Can't even recognize a head and shoulders top? Wake up, this time it's the real deal.

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LonelyAnchorman

· 6h ago

This wave of SOL really looks painful... The head and shoulders are already formed, just waiting for a breakdown.

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TxFailed

· 6h ago

honestly this is the kind of technical analysis that looks clean until you actually trade it. been there, spent good money learning why fib zones aren't crystal balls.

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