Signal SOLUSD Sell — D1 - May 15, 2026 23:30 GMT-4
The recent price action on SOLUSD reveals a strong downtrend on the daily timeframe. The Instrument: Solana has been under pressure since the beginning of the candle window (UTC) on 2026-03-20T23:00:00Z, with the price declining from a high of 96.84 to the current level of 89.16. The momentum indicators suggest a continuation of the downtrend, with the Relative Strength Index (RSI) below 50 and the Moving Average Convergence Divergence (MACD) indicating a bearish signal. The volume has been increasing, confirming the strength of the move. The recent candles have formed a descending triangle pattern, indicating a potential breakdown. Given the…