$SOL š Bearish Signal (Downtrend Confirmation)
Key Observations:
1. Price Action:
Price currently: $162.74
Strong downtrend from recent high $179.41 to low $160.13
1-hour candle abhi bhi moving averages ke neeche hai.
2. Moving Averages (MA):
MA(7) = 164.25
MA(25) = 167.63
MA(99) = 172.92
Price sabhi MAs ke neeche hai ā Strong bearish confirmation
3. RSI (Relative Strength Index):
RSI = 27.86 ā Oversold Zone (below 30)
Yeh indicate karta hai ke price oversold hai, lekin reversal ka confirmation nahi mila abhi tak
4. MACD:
DIF = -2.14
DEA = -1.95
MACD Histogram = -0.19 ā Bearish crossover (DIF < DEA)
5. Volume:
Recent candles ke saath volume spike hua hai, indicating panic selling ya strong bearish momentum