Solana at Crossroads: Bearish Pattern vs. Exchange Outflows

Monday, Mar 23, 2026 6:49 am ET1min read
SOL--

Solana is showing mixed signals with 11.8 million SOL outflows and a bearish head and shoulders pattern. The pattern indicates a possible 12% downside if the neckline breaks, while exchange outflows suggest a decline in selling pressure. The price is currently trading around $88, near the neckline support, and the next move will determine the direction of SOL.

Solana at Crossroads: Bearish Pattern vs. Exchange Outflows

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