๐จ SOL bearish signal is at its peak! 141.99 is a strong resistance level, a short-term pullback is imminent.
Just finished analyzing the SOL/USDT candlestick, and felt a heaviness in my heart. The current price is 141.99, with a 24-hour decline of -1.09%. Although the trading volume is 1.144 billion, it clearly shows "volume-price divergence"โthe price is falling, but the volume hasn't followed, which is a typical signal for distribution at the top.
More critically, the upper Bollinger Bands (UP: 144.52) have formed a strong resistance, and after multiple touches, the price has retreated, indicating heavy selling pressure above. The RSI indicator (24.20) has not yet entered the oversold zone, but has already declined from a high position, and the momentum is clearly waning. $SOL
Just finished analyzing the SOL/USDT candlestick, and felt a heaviness in my heart. The current price is 141.99, with a 24-hour decline of -1.09%. Although the trading volume is 1.144 billion, it clearly shows "volume-price divergence"โthe price is falling, but the volume hasn't followed, which is a typical signal for distribution at the top.
More critically, the upper Bollinger Bands (UP: 144.52) have formed a strong resistance, and after multiple touches, the price has retreated, indicating heavy selling pressure above. The RSI indicator (24.20) has not yet entered the oversold zone, but has already declined from a high position, and the momentum is clearly waning. $SOL