The price of the SOL/USD (SOLUSDT) currency declined during its recent trading at the moment levels, in light of the dominance of the short-term bearish corrective trend and its trading along a trend line, with the continuation of negative pressure due to its trading below its simple moving average for the previous 50-day period, as we notice amidst this the beginning of a negative divergence in the relative strength indicators, after reaching areas of severe saturation with buying operations, in an exaggerated manner compared to the price movement, with the beginning of the emergence of negative signals from it.
Therefore, we expect the currency price to decline further during its upcoming trading, as long as it stabilizes below the $210.18 level, targeting the important support level of $175.26.
Expected trend for upcoming trading: Downward