SOLUSD represents the price of Solana in US dollars, a cryptocurrency that enables fast and secure transactions. On the H1 timeframe, the SOLUSD pair has been experiencing a downtrend, with the price falling from 90.07 to 87.33 over the past few candles. The recent candlestick formation suggests a potential reversal, with the price trading below the 4-hour moving average and the relative strength index (RSI) indicating oversold conditions. The volume has been decreasing, which may indicate a lack of conviction in the move. However, the price action on the daily chart suggests a potential head and shoulders pattern, which could…

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