SOLUSDT UPDATE๐๐ฅ$SOL
*SOLUSDT now Continue Bullish Flag in 1D chart. But its need to fill the Pattern. its goin to Fill need to Short . SOLUSDT Now price 138$ .You can Sell now SOLUSDT .Watch This Chart.๐
In the daily chart, the MACD histogram reflects a recent bearish trend, while the MACD lines hover close together, indicating the possibility of both bullish and bearish crossovers. Meanwhile, the RSI remains neutral, and the presence of a golden crossover on the EMAs suggests a persisting bullish outlook in the short to medium term.
๐ฅWhy Solana Crashed 45%: Factors Behind the Steep Decline
In the past six weeks, Solanaโs price has undergone a correction exceeding 45%. Should this corrective phase persist, significant support is anticipated for SOL between approximately $79 and $89.5. This range aligns with the intersection of the 50-week EMA and the critical golden ratio support.
Sustaining Solanaโs price above the golden ratio threshold at around $85 is pivotal to uphold the bullish trajectory. Nevertheless, insights from the weekly chart paint a bearish picture. The MACD lines are presently undergoing a bearish crossover, while the MACD histogram indicates a downward trajectory.
Nevertheless, in the monthly chart, the MACD lines persist in a bullish crossover, suggesting ongoing bullish sentiment. Furthermore, the RSI has reverted to neutral territory, signaling a potential stabilization in market sentiment.
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