@ImpossibleAnalysis
YouTube
Avg. Quality
69
Success Rate
19.87
Analysis
302
Correct
60
Fail
195
Pending
47
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
SOLUSDT
Short Entry
86.4600
2026-04-24
18:00 UTC
Target
53.5500
Fail
111.7200
In 3 Months
Risk/Reward
1 : 1
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Final PnL
-29.22%
P/L: —
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Solana (SOLUSDT) has been consolidating for almost two months and is currently trading below the 0.382 Fibonacci retracement level at $93.36. This indicates a bearish sentiment. A break below $93.36 would likely signal a further downtrend, with potential targets at $70.48 (0.618 Fibonacci) and possibly extending to $53.55 (1.272 Fibonacci extension). Conversely, a reclaim and hold above $111.72 would invalidate the bearish outlook and suggest a potential rally towards $138.99 (0.5 Fibonacci).