Crypto Trader Predicts Solana 50% Price Crash To | Solana News
Solana (SOL) could possibly be dealing with one of its most crucial technical checks in latest months, with crypto trader Jussy warning that a breakdown at a key degree might set off a collapse towards costs not seen since earlier bear market cycles. With the cryptocurrency trading above this degree and forming two bearish patterns throughout a number of timeframes, the analyst has set two main crash targets for SOL. However, just one of these patterns might result in a staggering 50% decline to $30 as soon as the price breaks.
Solana Bear Flag Pattern Signals Crash To $30
On Tuesday, February 24, Jussy took to X, warning crypto buyers and merchants that Solana could possibly be heading towards a dramatic price collapse. The analyst notes that the main sensible contract token is presently at a crucial help degree of $76.57 on the price chart that would outline its subsequent bearish transfer.
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Looking on the day by day chart, Jussy has recognized a Bear Flag formation that has been developing since early February 2026. The sample reveals price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the previous months.
Should the $76.57 help degree give approach, the analyst tasks a measured transfer from the Bear Flag sample to $37.88, representing a potential decline of more than 50% from present ranges. Jussy additionally stated in his evaluation that Solana is on a path to $30, suggesting the altcoin might fall even additional to that degree.
Notably, the analyst’s bearish forecast arrives amid Solana’s latest price struggles, as broader market volatility and shifting investor sentiment weigh closely on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak efficiency throughout main cryptocurrencies, together with Bitcoin.
CoinMarketCap’s knowledge additionally reveals that Solana’s price has fallen by more than 38% for the reason that begin of the 12 months. While it was trending downward simply final week, the altcoin has since staged a slight restoration from the $76 degree, highlighted in Jussy’s chart evaluation. As of writing, SOL is trading above $86, up more than 13% from the crucial help degree. Should upward momentum persist, it might signal a potential deviation from the analyst’s bearish $30 forecast.
Triple Top Pattern Signals Lesser Decline To $60
For his second bearish forecast, Jussy highlighted that Solana has fashioned a Triple Top sample on its four-hour chart. This sample is characterised by three successive failed makes an attempt to push increased, with every one printing at a decrease peak than the final. The construction, seen throughout the January and February price motion, suggests consumers have been steadily shedding momentum after every restoration attempt.
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If the $76.57 help degree breaks, Jussy sees a measured transfer from the Triple Top sample down to $61.73 as Solana’s subsequent goal. A drop to this degree would signify a roughly 19% crash from the help space.
Featured image from iStock, chart from Tradingview.com
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