What is happening to #SOL

Solana's (SOL) technical analysis suggests a mixed outlook. Here's a breakdown:

Oscillators

- The Relative Strength Index (RSI) is neutral, indicating neither overbought nor oversold conditions.

- The Stochastic Oscillator is neutral, suggesting a balance between buying and selling pressure.

- The Commodity Channel Index (CCI) is neutral, indicating that the price is within a normal range.

Moving Averages

- #The Simple Moving Average (SMA) and Exponential Moving Average (EMA) indicators are mostly bearish, with 12 out of 14 indicators suggesting a sell signal.

- The 10-period SMA is below the 20-period SMA, indicating a potential downtrend.

Pivot Points

- The pivot point is at $145.45, with support levels at $132.53, $136.56, and $141.41.

- Resistance levels are at $150.3, $154.34, and $159.19.

Overall Technical Rating

- The overall technical rating for SOL is neutral, with 13 indicators suggesting a sell signal, 8 indicating neutral, and 4 suggesting a buy signal.