Signal SOLUSD Sell — H1 - July 7, 2026 11:16 GMT-4
The H1 chart of SOLUSD shows a clear bearish reversal forming after a prolonged bullish trend. The recent high of 82.38 (previous candle) acts as resistance, while the current close at 81.59 signals a failure to sustain upward momentum. Price has been consolidating near key support levels, with declining volume (1271) on the last few candles suggesting weakening buyer interest. The consolidation pattern, combined with the close below the prior high, indicates a potential downtrend continuation. A breakdown below 81.59 would confirm the sell signal, targeting the 78.54 level as a key profit objective. Volume remains critical—low volume on the…