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SOL
Price Trend and Key Levels
Technical indicators are fully bearish: the price is currently below the 20-day, 50-day, and 200-day exponential moving averages, and the Relative Strength Index (RSI) has dropped to 29.38, entering oversold territory.
Key Resistance Levels:
$75 - $77: Short-term primary resistance. If this zone cannot be reclaimed, the downtrend will continue.
Key Support Levels:
$70: Critical technical support. If the downward trend persists, the July price could fall to $50, with $70 being an important defensive line.
$53.10: Extreme downside target. If the $75-$77 zone cannot be recovered, the price may further decline to this level. $SOL