Signal SOLUSD Sell — D1 - June 1, 2026 13:11 GMT-4
The D1 chart of SOLUSD reveals a clear downtrend characterized by lower highs and lows, with the price consolidating near key support levels around 84.20-85.86. Recent candles show a breakdown below the 85.29 resistance, which acted as a psychological barrier, followed by a strong bearish move. The volume spikes in the consolidation phase (e.g., 21920 on 2026-04-03) indicate heightened selling pressure, confirming the strength of the downtrend. The price has been testing support at 84.20 multiple times, with the latest close at 85.86 suggesting a failed rebound. This setup implies the downtrend is likely to resume, targeting the 80.53 level…