SOLUSD represents the price of Solana, a cryptocurrency traded against the US dollar, giving investors exposure to the rapidly evolving world of decentralized finance. On the H1 chart, we observe a strong bearish momentum building up over the past 48 hours, with prices declining from a high of 85.93 to a low of 82.12. The recent candlestick pattern suggests a potential reversal, with the price action forming a bearish engulfing pattern. The volume data also supports this interpretation, as the volume has been increasing on the downside, indicating a strong selling pressure. Furthermore, the relative strength index (RSI) has been…

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