@ImpossibleAnalysis

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Avg. Quality

69

Success Rate

14.78

Analysis

115
Correct
17
Fail
71
Pending
27
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
SOLUSDT
Short Entry 88.9300 2026-03-13 20:31 UTC
Target 78.1500 In 3 Weeks Fail 100.2700
Risk/Reward 1 : 1
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Final PnL
12.12%
P/L:
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SOLUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
SOLUSDT is currently trading within a descending wedge pattern. The price has repeatedly tested the upper resistance trendline and the 0.382 Fibonacci retracement level around $91.37, indicating bearish pressure. A break below the lower support trendline at approximately $75.77 would confirm a continuation of the bearish trend, with a potential target at the 0.618 Fibonacci retracement level of $75.56. Conversely, if SOLUSDT manages to hold the 0.236 Fibonacci retracement level at $82.63 and breaks above the descending wedge, it could retest higher levels towards $91.37 and potentially $97.00. However, the immediate outlook suggests a bearish continuation if the lower support fails.
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