$SOL
✅ Downtrend Indicators:
1. Lower Highs and Lower Lows:
Price has been making consistent lower highs and lower lows — a clear sign of a downtrend.
2. Parabolic SAR (yellow dots):
Dots were consistently above the price during the decline — confirming bearish momentum.
Recently, dots flipped below price for a while (temporary bullish move), but are now back above the price, indicating bearish pressure is returning.
3. Price dropped from ~$195 to ~$153, then bounced slightly — but not enough to confirm a trend reversal.
📌 Conclusion:
Overall Trend: ❌ Downtrend
Current Momentum: ⚠️ Slight bullish bounce but not confirmed
Watch for: Break above $171 or lower low below $153.83 to confirm next direction.
If price stays between $153.83 and $171, it's in a range, not trending.
Wait for a breakout to either side.