Signal SOLUSD Sell — D1 - May 23, 2026 16:49 GMT-4
On the SOLUSD D1 chart the recent price action confirms a weakening bullish momentum. After a sharp rally to a peak of 98.32 in early April, the market has been carving lower highs, with the last two daily candles closing below the prior swing high of 86.63. Volume on the up‑moves has been tapering, while the most recent candle showed a modest volume contraction, suggesting diminishing buying interest. The price now sits near the upper edge of a descending channel, and the close at 86.36 slipped below the prior day’s low of 84.89, indicating a potential break of the channel’s…