# Current Situation:
- SOL is trading around ~150 USD, moving sideways after a slight drop from 158 USD to a short-term low of about 149 USD
# Technical Analysis:
- RSI indicator ~40–42, indicating that the price is nearing the oversold region, which may create a slight recovery opportunity.
The price is below important MA lines (MA50/200), and has formed a “death cross” – a signal for a continued downtrend.
- Short-term downward price channel with near support at 145 USD and low resistance around 152–155 USD
# Predictions for the Next 3 Days:
- There is a possibility of a slight recovery to the 152 USD area due to slight oversold signals.
- If it breaks through the MA50 resistance (~152–153 USD), the price may head towards 155–158 USD. Conversely, if it falls below 145 USD, it could drop sharply to the 140 USD area.
- The price may fluctuate within the range of 145–155 USD, interspersed between technical recovery and selling pressure around the resistance area.
# Warning: The overall trend is still down, with indicators like death cross and negative MACD. Short-term forecasts indicate the potential for strong fluctuations within a narrow range; investors should be cautious, use stop-loss orders, and manage risk. $SOL #solana