$SOL Follow me, God willing, you will benefit

Current price:

116.57 USDT down -2.10%.

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Technical indicators:

1. Bollinger Bands (BOLL) indicator:

Upper band (UP): 121.08

Middle (MB): 119.27

Lower band (DN): 117.46

The current price is below the average and closer to the lower band, indicating selling pressure and may suggest approaching support.

2. Relative Strength Index (RSI - 6):

15.92: in the oversold area, indicating a potential upward rebound soon.

3. Stochastic RSI indicator (Stoch RSI):

%K = 21.35 and %D = 33.61: also nearing the oversold area.

4. Williams %R indicator:

-98.69: in extreme oversold territories.

5. MACD indicator:

MACD: -0.24 and Signal: -0.26 and Histogram close to zero: weakness in negative momentum, may start to shift upwards.

6. OBV (On Balance Volume):

-55 million: strong selling pressure recently.

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Support and resistance levels:

Strong support: 112.17 (previous low).

First resistance: 121.08 (upper limit of the Bollinger).

Next resistance: 126.57.

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Summary:

The currency is currently experiencing selling pressure.

Many indicators are in oversold areas (RSI, StochRSI, %R), which may indicate a near upward correction.

The price is approaching a support zone, so it is advised to monitor price behavior before making a decision.