$SOL is showing strong bearish momentum: the asset is currently trading at $80.19 and testing the recent support level at $79.97. The price remains below EMA(7) at $81.81, EMA(25) at $84.15, EMA(99) at $90.98, and the bearish Supertrend at $85.55, confirming continued selling pressure. RSI(6) at 14.51 and StochRSI at 9.51 indicate extreme oversold conditions, while the negative MACD confirms the bearish trend; a temporary bounce is possible, but a break below $79.97 could accelerate further declines.
Trading Plan
Entry: $80.50 – $81.00
Stop-loss: $83.00
Targets: $78.50 - $76.50 - $74.50
Trade wisely, protect your capital, and always manage your risk independently. This is personal analysis only, not financial advice.
Trading Plan
Entry: $80.50 – $81.00
Stop-loss: $83.00
Targets: $78.50 - $76.50 - $74.50
Trade wisely, protect your capital, and always manage your risk independently. This is personal analysis only, not financial advice.