📉 $SOL is experiencing a significant drop — the correction has turned into clear selling pressure
The current price at $195.54 reflects a clear break below the Bollinger average ($203.08), with technical indicators confirming the downward trend:
🔍 Technical Indicators:
- RSI = 23.20 → Strong entry into the oversold area
- MACD = –1.20 → Clear negative crossover and accelerating downward momentum
- The price is approaching the lower Bollinger band ($196.42), and if broken, it may head towards $185 then $175
📌 Summary:
What is happening is not just a correction, but a confirmed drop driven by negative momentum and a wave of liquidation.
Holding at this stage carries risk, and close monitoring of the $194 level is essential — breaking it means continued decline.