Sjuul Follings: Solana bullish structure breaks as lower low forms

Sjuul Follings: Solana bullish structure breaks as lower low forms
Solana bullish structure breaks

Sjuul Follings said Solana has lost its bullish structure for the first time since the summer, with the formation of a high time frame lower low. Follings advised caution with long positions and added that if bulls do not intervene, the token could revisit its support level.

Follings has previously highlighted increased buying interest in Robinhood and Prologue tokens after a dip, citing strong recent price action and wallet activity in an earlier report. He has also suggested that U.S. iPhone users consider switching to Samsung Galaxy devices due to Samsung Wallet's support for USDC payments with no gas fees, as noted in another past article. These observations follow his ongoing coverage of market movements and token utility updates.

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