Solana Price Prediction: Head and Shoulders Breakdown Meets ETF Buzz as $80 or $200 Looms
The post Solana Price Prediction: Head and Shoulders Breakdown Meets ETF Buzz as $80 or $200 Looms appeared on BitcoinEthereumNews.com.
Solana is under pressure after confirming a head and shoulders breakdown, with key EMAs lost and liquidation risks building around the $131 level. SOL Solana price is starting to crack under pressure, and the latest price action has caught the attention. After weeks of holding key support, the SOL chart has now confirmed a head and shoulders breakdown. With volume rising and moving averages turning lower, participants are now eyeing deeper downside targets, if bulls don’t step in soon. Solana Confirms Head and Shoulders Breakdown Solana has just cracked below a major support level, and the setup looks textbook bearish. The chart from Nebraskangooner highlights a clean head and shoulders formation, now confirmed with the price slipping under the $142 neckline. This structure has been forming since April, and the recent candle close under the neckline confirms the bearish breakdown. Solana confirms head and shoulders breakdown as price slips below the $142 neckline, signaling a potential move toward $120. Source: Nebraskangooner via X The measured move from the pattern points to a potential downside target near $120, possibly even lower if market momentum weakens further. Volume has picked up during the breakdown, which adds conviction to the move. Solana’s uptrend from early Q1 now faces its first real structural challenge, and until buyers can reclaim $145–$150 with authority, short-term pressure may remain tilted to the downside. Solana Slips Below EMA 12/25 Combo Solana has now lost its 12/25 weekly EMAs, a critical threshold that has historically defined major market shifts for $SOL. Trader XO’s macro chart shows a clear rejection at these moving averages, with price rolling over into what looks like a renewed bearish phase. With both EMAs curling down and price settling below them, the broader structure leans bearish. Solana loses key 12/25 weekly EMAs, with Trader XO…
Filed under: News - @ June 22, 2025 8:08 pm