$SOL Report

Currently, $SOL is at 182.5 and remained bearish all day. it went to 192 and broke down two support levels of 188 and 186. After halfway down a sudden upward movement crossed the 186 level but was rejected two times from the 188 level. Now it took support from the 181.7 level and still showing bearish signs.

Pattern

Head and shoulder formed in 1H chart. Now $SOL is progressing towards the 178 mark.

Technical indicators in 1H

Ichimoku Cloud

A bearish crossover occurred at 191. It has also breached the support cloud ranging from 190 to 185.

Bollinger Bands

The price action has been touching the lower band for a few hours now.

RSI

RSI is at 38.

Stoch RSI

Currently, at 32 a bearish crossover is happening at the bottom.

MACD

It has been in a bearish region for a good amount of Time.

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