SOL/BTC – 30M – SELL

The SOL/BTC pair on the 30-minute chart has triggered a SELL signal, driven by a confluence of bearish patterns: a Trendline Break Down, Double Top, and Triple Top, alongside a BOP Zero Cross Down and a Fibonacci Break UpTrend (0%). These signals collectively suggest that the recent upward momentum is stalling and a reversal may be underway. The MACD Zero Cross Up, however, indicates that momentum is still positive, which could limit the downside in the short term.

Across higher timeframes, the trend remains predominantly bullish, with solid trends on the 4H, 8H, and 1D charts. This creates a conflict between the short-term bearish signal and the longer-term bullish trend. The key levels to watch are the nearest support at 0.00119 and resistance at 0.00120. A break below support could confirm the bearish reversal, while holding above the resistance might invalidate the signal.