$SOL has had 5 consecutive bearish daily candles, down a cumulative 5.61%, with the current price at 101.
Consecutive bearish candles mean each candle closes below its open, with selling pressure prevailing for several days in a row. The total drop over 5 days is 5.61%, a gradual decline that is usually more grueling than a sharp plunge.
Key things to watch: whether there is volume on the day the losing streak ends, and whether the rebound can recover the level where the decline began.
Consecutive bearish candles mean each candle closes below its open, with selling pressure prevailing for several days in a row. The total drop over 5 days is 5.61%, a gradual decline that is usually more grueling than a sharp plunge.
Key things to watch: whether there is volume on the day the losing streak ends, and whether the rebound can recover the level where the decline began.