Solana (SOL) Price Signal

03.06.2024

⏱️20sec

Over the past two weeks, the price of Solana (SOL) has been declining and is currently testing the support level of $163.03 for the second time. There is a slight chance that this level will be breached, but overall, sellers have already exhausted their strength. This can be observed from the overbought and oversold indicators, as well as confirmed by the 50-day moving average, which remains below and significantly distant from the current price. Exercise caution with your positions: it's advisable to wait for confirmation of a breakthrough or the beginning of an uptrend.

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