Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks

Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks

Source: NewsBTC

Published:17:30 UTC

BTC Price:$65183

#sol #crypto #trading

Analysis

Price Impact

High

The article describes a prediction of a potential 50% price crash for solana if a key support level breaks. this could significantly affect traders and investors who hold sol.

Trustworthiness

Med

The analysis is based on a specific crypto trader's prediction and technical chart patterns (bear flag and triple top). while the source mentions a 'strict editorial policy,' the prediction itself is speculative and relies on future price action.

Price Direction

Bearish

The trader explicitly predicts a potential 50% price crash to $30 if the $76.57 support level breaks, citing a bear flag pattern. a secondary prediction of a lesser decline to $60 is also mentioned based on a triple top pattern.

Time Effect

Short

The prediction focuses on an imminent breakdown of a key support level, suggesting the potential crash could occur in the short term if this level fails.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead to a staggering 50% decline to $30 once the price breaks. Solana Bear Flag Pattern Signals Crash To $30 On Tuesday, February 24, Jussy took to X, warning crypto investors and traders that Solana could be heading toward a dramatic price collapse. The analyst notes that the leading smart contract token is currently at a critical support level of $76.57 on the price chart that could define its next bearish move. Related Reading Crypto Trader Predicts Solana 50% Price Crash To $30 If This Level Breaks Just now Looking at the daily chart, Jussy has identified a Bear Flag formation that has been developing since early February 2026. The pattern shows price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months. Should the $76.57 support level give way, the analyst projects a measured move from the Bear Flag pattern to $37.88, representing a potential decline of more than 50% from current levels. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin could fall even further to that level. Source: Chart from Jussy on X Notably, the analyst’s bearish forecast arrives amid Solana’s recent price struggles , as broader market volatility and shifting investor sentiment weigh heavily on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak performance across major cryptocurrencies , including Bitcoin. CoinMarketCap’s data also shows that Solana’s price has fallen by more than 38% since the start of the year. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 level, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the critical support level. Should upward momentum persist, it could signal a potential deviation from the analyst’s bearish $30 forecast. Triple Top Pattern Signals Lesser Decline To $60 For his second bearish forecast, Jussy highlighted that Solana has formed a Triple Top pattern on its four-hour chart. This pattern is characterized by three successive failed attempts to push higher, with each one printing at a lower peak than the last. The structure, visible across the January and February price action, suggests buyers have been steadily losing momentum after each recovery attempt. Related Reading Here’s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard 1 month ago If the $76.57 support level breaks, Jussy sees a measured move from the Triple Top pattern down to $61.73 as Solana’s next target. A drop to this level would represent a roughly 19% crash from the support area. SOL trading at $87 on the 1D chart | Source: SOLUSDT on Tradingview.com Featured image from iStock, chart from Tradingview.com