Solana Warning from Experienced Analyst! “The Indicator, which has known the declines since 2023, is giving a decline alarm for SOL!”

Among the shining stars of 2023 Solana (LEFT) It has experienced tremendous increases since last October and continues to do so.

Bitcoin These days, as we hear rising news about Solana every day, SOL once again became the focal point in the crypto space, with its price increasing by approximately 15% and exceeding $170.

While Solana’s impressive rally underlines the increasing investor interest, experienced analysts Ali Martinez warned that there could be a big drop in the price of SOL.

Drawing attention to Solana’s TD Sequential indicator, which has historically always given a sell signal when it reaches certain levels since December 2023, the analyst said:

“TD Sequential Solana is giving a sell signal on the daily chart!

Since December 2023, the SOL price has fallen 17% to 28% every time this indicator points to selling.

At this point, there is a sell signal for SOL again, and in a similar situation, we can see that SOL may drop to $152 or even $127.”

LEFT At the time of writing, it continues to trade at $172.

The TD Sequential presents a sell signal on the #totheleft dailychart!

Since December 2023, every time this indicator suggested selling, the price of $LEFT dropped by 17% to 28%. A similar outlook could see #LEFT retrace to $152 or even $127. pic.twitter.com/3JbXdabK3v

— Ali (@ali_charts) March 14, 2024

*This is not investment advice.