SOL trend analysis on September 18, 2024
【SOL Market Analysis】
Price trend overview: Recently, the price of SOL has been fluctuating between $130 and $135, forming a small range of fluctuations.
The upper and lower shadows of the candlestick charts on September 17 and 18 are quite long, which shows that the players in the market have different opinions and buyers and sellers are competing with each other.
On the hourly chart, the price has fallen slightly in recent hours, but overall it is still fluctuating within the range.
Interpretation of technical indicators: MACD: The MACD indicator of the hourly chart shows that both the fast line and the slow line are below the zero line, and DIF and DEA are still moving downward, which indicates that the seller's power is relatively strong in the short term.