#SOLUSDT – Head and Shoulders Confirmation, Larger Drop Expected
On the weekly chart, the stock price of
$SOL has fallen below the neckline of the Head and Shoulders pattern, indicating a reversal of the trend from bullish to bearish. The ( RSI (Relative Strength Index) is in the oversold zone, suggesting that a rebound is likely in the upcoming week. Traders should consider this an opportunity to exit long positions or to look for potential short-selling opportunities.

*Image showing the Head and Shoulders pattern with the neck