2025-12-04 16:33:57

Solana's chart structure looks sketchy right now. Seems like a bear supply zone is forming, though the reversal pattern isn't convincing me yet. Price action feels off. Staying neutral to slightly bearish for now — wouldn't be surprised if we see a correction soon. Not the cleanest setup, but worth watching how this plays out.

SOL-2.27%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

ContractCollector

· 12-04 17:04

It's bearish, bearish again, is it going to drop? Let's see if it can hold this line first.

View OriginalReply0

NullWhisperer

· 12-04 17:03

nah, the reversal setup here is basically asking to be exploited. technically speaking, that supply zone has some questionable implementation — looks vulnerable to a wick trap if liquidity's positioned where i think it is. worth auditing the order flow before we call it bearish tbh

Reply0

ForkMonger

· 12-04 16:47

nah the bear supply zone is just governance theater, real vulnerability's in the protocol's fork resistance rn... solana can't even handle a decent attack vector before collapsing into chaos, that's where the margin of disruption actually lives

Reply0

GasBankrupter

· 12-04 16:46

ngl this chart is definitely a bit confusing, it feels like something is brewing in the supply zone. Let's wait and see, no rush to make a move anyway.

View OriginalReply0

LightningAllInHero

· 12-04 16:39

The SOL chart looks terrible, feels like it's going to drop.

View OriginalReply0

TommyTeacher

· 12-04 16:36

This chart looks a bit off, feels like it's going to drop.

View OriginalReply0