Solana's Bull Party Ends: Trendline Smashed, Fib Eyed

6 hours ago

The bearish momentum is increasing, according to cardinal indicators.

Nov 4, 2025, 6:25 a.m.

Solana's SOL token has fallen to its lowest level since August, breaking beneath the upward trendline, representing the bull tally from April lows.

The breakdown signals expanding bearish momentum, marked by the caller bid little highs and lows, and a renewed bearish MACD crossover.

The contiguous enactment is seen astatine $155— the 61.8% Fibonacci retracement of the rally from $95 to $253— breach of which could pb to a adjacent enactment astir $129. A determination backmost supra $180, the 200-day SMA, is needed to invalidate the bearish trend.

SOL's regular  chart. (TradingView)

SOL's regular chart. (TradingView)

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