Mega Fortune's 15-min chart triggers MACD Death Cross and KDJ Death Cross.

Tuesday, Oct 21, 2025 9:38 am ET2min read

As per the 15-minute chart for Mega Fortune, the MACD indicator has crossed below the signal line, indicating a bearish trend. Furthermore, the KDJ indicator has also crossed below the signal line, confirming the bearish trend. Additionally, the candlestick pattern of Bearish Marubozu at 10/20/2025 16:00 suggests that the stock price is likely to continue falling. The momentum of the stock price has shifted towards the downside, and there is a potential for further decreases in the stock price. Sellers are currently controlling the market, and it is likely that the bearish momentum will continue.

Solana (SOL) has entered a bearish phase in recent trading, with the price dropping from the $250 zone and showing signs of continued downward movement. The cryptocurrency is now testing a critical support level at $210, which could determine its next major directional move.

The price of SOL has declined below $220 and the 100-hourly simple moving average, establishing a bearish trend in the short term. A key bearish trend line is forming with resistance at $222, creating an immediate obstacle for any recovery attempt. The price reached a local low of $207 and is now consolidating losses below the 23.6% Fibonacci retracement level calculated from the downward move that began at the $254 swing high Solana (SOL) Price: Bearish Trend Line Forms with Resistance at $222[1].

Technical indicators signal a potential reversal, with a double buy signal from the TD Sequential indicator appearing on the charts. This double buy signal, consisting of both “9” and “13” counts in oversold territory, typically signals trend exhaustion and potential reversal. The $210 support level gains additional importance as it coincides with the 0.618 Fibonacci retracement, creating a confluence of technical support factors that might help hold the price Solana (SOL) Price: Bearish Trend Line Forms with Resistance at $222[1].

A rising channel that has contained SOL’s price action since early August remains intact, providing a structural framework for potential recovery. Within this pattern, the current price action represents a test of the channel’s lower boundary.

If SOL fails to rise above the $222 resistance, downward momentum could continue. Initial support sits near the $207 zone, with major support at the $202 level. A break below $202 might send the price toward the psychologically important $200 support zone. If Solana closes below $200, the decline could extend toward $184 in the near term.

Conversely, if buyers successfully defend the $210 area, immediate upside targets include $228 resistance, followed by the more significant $250 level. A breakout above $250 could extend the rally toward $263 and eventually the $280-$290 Fibonacci extension zone.

The hourly MACD for SOL/USD is gaining pace in the bearish zone, while the RSI remains below the 50 level, adding to the bearish outlook in the immediate term.

The cryptocurrency now finds itself at a pivotal moment. The current test of $210 support will likely determine whether SOL can resume its upward trajectory or if further downside is in store. Current momentum appears mixed, with bearish short-term indicators contrasting with potentially bullish reversal signals on longer timeframes. The next 24-48 hours will be crucial as the market decides whether the double buy signal can overcome the bearish trend line.

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