Signal SOLUSD Sell — H4 - July 6, 2026 01:19 GMT-4
The H4 chart of SOLUSD shows a clear downtrend forming since the 82.17 high, with price consolidating below key resistance levels. The recent candle closing at 80.53 marks a critical support level, breached during the prior session, signaling potential trend continuation. Volume has been declining, indicating reduced buying pressure and possible exhaustion of bullish momentum. The price action suggests a bearish reversal setup, with the close at 80.53 acting as a key pivot point. Following the breakdown below support, the market may target the 73.05 level, aligning with the signal's TP. The SL at 84.12 is placed above the recent…