Feb 27, 2026
2 0
BEARISH 📉 : Analyst warns Solana could crash 50% to $30 level
Solana (SOL) is undergoing a critical technical analysis by trader Jussy, who suggests potential significant price movements.
- Jussy identifies two bearish patterns on Solana's chart: a Bear Flag and a Triple Top pattern, which could lead to substantial declines.
- The Bear Flag pattern indicates a potential collapse from the current critical support level of $76.57 to $37.88, marking a decline of over 50%. Further decline to $30 is possible.
- The Triple Top pattern on Solana's four-hour chart suggests a less steep drop to $61.73, representing a 19% fall if the $76.57 support fails.
- Despite recent struggles, Solana's price has recovered slightly, currently trading above $86, up more than 13% from the critical support level.
- The broader market volatility and investor sentiment are impacting Solana, mirroring weak performance across major cryptocurrencies like Bitcoin.
Continued upward momentum might deviate from these bearish forecasts, but caution is advised given the current technical indicators.