Solana’s daily chart paints a clear picture of weakening demand as its Relative Strength Index (RSI) plunges to 39.07.
The RSI is a momentum indicator that measures overbought and oversold conditions, with levels above 70 reflecting overbought territory and below 30 signaling oversold.
At its current reading, SOL sits firmly in bearish territory, showing that selling pressure is outweighing buying momentum.
While the market may not yet be facing a capitulation phase, the outlook remains tilted to the downside. If bearish sentiment lingers, downward momentum could persist in the near term.
The RSI is a momentum indicator that measures overbought and oversold conditions, with levels above 70 reflecting overbought territory and below 30 signaling oversold.
At its current reading, SOL sits firmly in bearish territory, showing that selling pressure is outweighing buying momentum.
While the market may not yet be facing a capitulation phase, the outlook remains tilted to the downside. If bearish sentiment lingers, downward momentum could persist in the near term.
Truly Unbiased Cryptocurrency News beincrypto.com
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
Truly Unbiased Cryptocurrency News beincrypto.com
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。