As of December 22, 2024, Solana (SOL) is trading at approximately $186.19, reflecting a 3.71% decrease over the past 24 hours.
The Relative Strength Index (RSI) is at 43.746, indicating that SOL is approaching oversold conditions, which may suggest a potential buying opportunity.
The Moving Average Convergence Divergence (MACD) is at -1.963, reflecting bearish momentum.
Support levels are identified at $175 and $165, while resistance levels are at $195 and $205.
In summary, SOL/USDT is exhibiting bearish signals with potential oversold conditions. Traders should monitor these technical indicators closely for signs of a trend reversal.
#Crypto #SOL #USDT