Solana's Bearish 5-0 is Locking in a Bearish Reversal to $26.40

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Solana's Bearish 5-0 is Locking in a Bearish Reversal to $26.40Solana / US DollarCOINBASE:SOLUSDRizeSenpaiSolana has recently run up to Horizontal Resistance Zone of $195-$210 aligning with the PCZ of a Bearish 5-0 and has begun to impulse downwards with volume to back it. This could be the start of a greater move down that would take SOL back to the low of the distributive range at $95.16. If the level breaks, we would then target a drop down to the $40.72-$26.40 confluence area aligning with the all-time 0.886 retrace as well as the 1.618 extension from previous swing low to high. Only at these levels could we even possibly begin to consider Bullish Entries on Solana.