$SOL /USDT Analysis: Bearish Signal

SOL is showing strong bearish momentum as it trades below the lower Bollinger Band. With the MACD confirming a downward trend and the RSI(6) at an oversold level of 24, a minor bounce is possible, but the overall sentiment remains negative.

Key Level: Watch for $123.38; a break below this could lead to further decline.

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SOLUSDT

Perp

117.67

-6.71%