$SOL Trading Signal

The current price of SOL coin is $171.19 showing a downtrend. While the moving average and exponential moving average are trending upwards the relative strength index (RSI) and stochastic oscillator are declining in the overbought zone. indicating a high possibility of correction. The increase in ADX signifies the strength of the trend but the decline in momentum indicators suggests a potential short term correction. Therefore the future trend is likely to be a correction.

Position Sell Short