Signal SOLUSD Sell — D1 - May 23, 2026 16:04 GMT-4

Signal closed at take profit

On the D1 chart SOLUSD (Solana) has been carving a pronounced bearish channel since the early May peak near 98. The series of lower highs – 97.59, 94.46, 92.08 – and lower lows – 84.20, 84.73, 84.32 – confirms a down‑trend with diminishing bullish pressure. Volume spikes during the sharp declines (e.g., the 37k‑plus bars on the 84.86 and 92.07 closes) underline aggressive selling, while recent sessions show modest volume and lack of upward momentum, indicating weak demand near the 84‑85 resistance zone. The price is now testing that resistance, and a break below the 84.85 level would likely trigger

Signal SOLUSD Sell — D1 - May 23, 2026 16:04 GMT-4

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On the D1 chart SOLUSD (Solana) has been carving a pronounced bearish channel since the early May peak near 98. The series of lower highs – 97.59, 94.46, 92.08 – and lower lows – 84.20, 84.73, 84.32 – confirms a down‑trend with diminishing bullish pressure. Volume spikes during the sharp declines (e.g., the 37k‑plus bars on the 84.86 and 92.07 closes) underline aggressive selling, while recent sessions show modest volume and lack of upward momentum, indicating weak demand near the 84‑85 resistance zone. The price is now testing that resistance, and a break below the 84.85 level would likely trigger

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Signal SOLUSD Sell — D1 - May 23, 2026 16:04 GMT-4