Solana faces the Cross of Cross, since SOL -Prize is fighting less than 150 US dollars

Since April 23, the Solana price has been weakened within a narrow trade area, a resistance of $ 153.67 and supports support of around $ 145.68.

A growing wave of the bear's pressure threatens to break down this area with an important technical indicator shortly before confirming a large sales signal.

Solana is faced with risk of breakdown, since sellers tighten the handle

The brand average convergence -indicator of Sol is supposed to form a Cross of death, a Bäris crossover in which the MACD line runs below the signal line.

At the present time, the MACD line of the coin (blue) is resting near the signal line (orange) and waiting for a catalyst to put it under. This pattern often precedes a continued downward trend and is widely viewed by dealers as a sign of the weakening of the price strength.

In addition, the potency of the SOL (BOP) is currently negative and increases the downward trend. This indicates that sellers have achieved market control. At the time of the press, this is at -0.12.

The BOP indicator measures the strength of the purchase compared to the sale of pressure by comparing the closing price over a certain period of time.

If the BOP of an asset is positive, he signals that buyers have control, which indicates a strong dynamic and the potential for continuous pricing.

On the other hand, a negative BOP value indicates that sellers dominate the market. It indicates an increase in the downward pressure on SOL and indicates the possible start of a new decrease in decline.

Sol stands in front of key support test in the middle of the assembly sales pressure

While Bärische impulse is building, Sol risky with 145.68 US dollars under the support level. A decisive break under this threshold would confirm a short -term downward trend and might trigger a lower decline compared to $ 142.32.

If buyers did not regain control at this time, Sol could continue to push to test the lower support at $ 133.94.

However, this bearish outlook could become invalid if a new demand arises and the purchase of interest increases. In this bullish scenario, Sol can overcome the resistance of $ 153.67 and open the door for a rally at $ 171.50.