SOL/USDT Technical Analysis: Bearish Bias & Consolidation

1. 📉 Dominant Trend: Long-term trend is still bearish (below MA(99)).

2. ↔️ Current Action: Price is in a tight consolidation range (indecision).

3. 💲 Current Price: Trading at $184.84, maintaining recent support.

4. 🛑 Major Resistance: $199.68 (MA(99)) is the key level to break for reversal.

5. 🩹 Immediate Support: Look for holding power near the $180 level.

6. 🐻 Short-Term Bias: Bearish as the price is below MA(7) and MA(25).

7. 🔴 MACD Status: Bearish signal (MACD line below signal line and zero).

8. 📉 RSI Level: Below 50 (sellers in control), but not yet oversold.

9. 📈 Reversal Trigger: Requires a sustained move above $200.

10. ⚠️ Downside Risk: Breakdown below $180 could retest $168.

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