Bearish Outlook for SOL/USD: Head and Shoulders Pattern Indicate

SOL/USDT is displaying a classic head and shoulders pattern on the chart, signaling a possible reversal in trend. With the neckline currently breached, there's a heightened probability of the price declining towards the projected target of around 94.

Entry: Short below neckline breakout confirmation
Stop Loss: Above right shoulder
Take Profit: Near projected target of 94

As always, remember to conduct your own analysis and risk management. Monitor price action closely for confirmation and adjustments. #SOL #Solana #TradingView #TechnicalAnalysis #CryptoTrading