@rajesh324
If this Head & Shoulders plays out on $SOL, hereโs what could happen ๐
๐ฅ $SOL Monthly Chart Outlook ๐ฅ
A clear Head & Shoulders pattern is forming - a classic trend reversal setup on the higher timeframe(Monthly)
โ ๏ธ RSI is showing bearish divergence, signaling that bullish momentum is slowing down.
๐ Key Levels to Watch:
๐งญ Neckline: ~$155 (critical monthly close zone)
๐ก๏ธ Next Support: ~$124
๐งฑ Major Demand Zone: $55โ40
If the neckline breaks, a deeper correction could follow - eyes on how the monthly candle closes