The current market situation is very clear. There is a lot of selling pressure above 90, and it’s very difficult to break through in the short term. The MACD histogram is showing increasing volume, but the momentum is actually weakening, and a death cross is about to form. The RSI is also heading downward, and the bulls are losing strength.
Personal suggestion You can consider buying around 90-95, with initial targets at 80, then 75. $SOL
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March 4th SOL Silk Road
The current market situation is very clear. There is a lot of selling pressure above 90, and it’s very difficult to break through in the short term.
The MACD histogram is showing increasing volume, but the momentum is actually weakening, and a death cross is about to form. The RSI is also heading downward, and the bulls are losing strength.
Personal suggestion
You can consider buying around 90-95, with initial targets at 80, then 75.
$SOL