Solana (SOL) has found itself under the shadow of a foreboding technical pattern known as the “Death Cross.” This ominous occurrence, defined by the 50-day moving average crossing below the 200-day moving average, has historically heralded significant price downturns. 

Investors are now eyeing the charts as SOL grapples with this pattern once again, raising questions about its future trajectory.

For the uninitiated in the intricacies of technical analysis, the Death Cross is akin to a storm warning on the horizon. It emerges when a short-term moving average dives beneath a long-term moving average, signaling potential tumult ahead.

The last instance when Solana encountered the Death Cross was back in 2022, and the aftermath was far from favorable – a considerable downtrend that …