solbelow

Perfect — this chart shows Solana ($SOL SOL) data from altFINS. Let’s break down what’s visible here
📊 Indicators on the Chart
Volume Bars (top section):Alternating green/red bars show buying vs. selling pressure.Recently, red dominates slightly, suggesting more selling volume.RSI (middle, purple line):The RSI value on Nov 7, 2025, is 37.18.RSI below 40 means bearish momentum and near oversold territory (30 is typically oversold).RSI flattening around 35–40 suggests weak recovery but no strong reversal yet.MACD (bottom section):Two lines: MACD line (blue) and Signal line (teal).Histogram bars show momentum strength.Labels show Buy and Sell signals over time.
⚙️ Signal Breakdown
Sell (early October ’25): followed by a clear downward move.Buy (mid-October): short-lived — small rebound.Sell (late October): resumed downtrend.Buy (early November): minor upward correction.Sell (recent / early November): current momentum trending bearish again.
📉 Interpretation
Trend: The MACD remains below zero, showing bearish trend dominance.Momentum: The histogram is close to neutral, suggesting momentum is weakening but still negative.RSI: Near 37 — not yet oversold, but close. Possible short-term bounce potential if it dips below 30.Price action: Likely between $125–150, as seen on the volume scale — indicating consolidation after decline.
🔮 Short-Term Outlook
Bearish to neutral bias in the near term.Watch for a MACD bullish crossover (blue line crossing above teal) or RSI rising above 45–50 — these would signal a potential reversal.If price dips further with RSI <30, that might be a buy-the-dip zone for short-term traders.

Would you like me to give a price-level forecast (support/resistance zones for SOL) based on this chart? That would show potential buy/sell price targets.#solana #solbelow