Signal SOLUSD Sell — D1 - May 24, 2026 01:22 GMT-4
The D1 chart of SOLUSD reveals a prolonged downtrend with key resistance levels at 94.45 and 97.79 failing to hold, leading to a series of lower highs and higher lows. The recent consolidation between 85.52 and 87.51 shows weakening bullish momentum, as volume has declined sharply from previous peaks, indicating reduced buying pressure. The price closed below the 85.52 level, breaking critical support and confirming a shift in control toward sellers. This breakdown aligns with the broader bearish bias observed over the two-month period, where the asset has been retracing from multi-month highs. The current structure suggests a potential continuation…