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via BeInCrypto · By Ananda Banerjee
The Solana Pattern Traders Love Is Actually a 50% Crash Setup
SOL
SOL/USDT
$75.40
-0.28%
$75.40
-0.28%
(24s)24h Volume
$576,378,119.94
24h H/L
$75.74 / $75.17
Change: $0.5700 (0.76%)
Long/Short
72.1%
Long: 72.1%Short: 27.9%
Funding Rate
+0.0021%
Longs pay
Data provided by COINOTAG DATALive data
AB
Ananda Banerjee(09:00 AM UTC)
1 min read
Solana price has held a rising channel for more than three months, yet the structure may be hiding the same continuation pattern that powered a collapse of over 50% from mid-January to early February.
The token sits roughly 3% above the channel’s lower trendline. On-chain data shows hodler conviction slipping and short-term holder cushion thinning. The setup is one bad day from breaking.
Sol…
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