$SOL #TraditionalFinanceAcceleratesTokenization

SOL/USDT, here is a technical analysis:

1. Current Price & Trend

· Current Price: $99.19
· 24h Change: -5.42% (bearish momentum)
· Price is below the Bollinger Bands middle line (126.20) and near the Lower Band (99.54), indicating strong bearish pressure.
· The SAR (117.45) is well above the current price, confirming a downtrend.

2. Key Indicators

Bollinger Bands (20,2)

· Upper Band (UB): 152.87
· Middle Band (BOLL): 126.20
· Lower Band (LB): 99.54
· Price is hugging the Lower Band, suggesting oversold conditions but also strong selling momentum.

SAR (Stop and Reverse)

· SAR: 117.45 (above price)
· This indicates a sell signal and reinforces the downtrend.

MACD

· MACD Value: -13.66
· This is a deep negative value, confirming strong bearish momentum.

3. Support & Resistance

· Immediate Support: LB at 99.54, then previous lows near 95.93 (24h Low).
· Resistance Levels:
· Middle Bollinger Band at 126.20
· SAR at 117.45
· Upper Bollinger Band at 152.8

4. Volume & Volatility

· 24h Volume (SOL): 789.94K
· 24h Turnover (USD): $81.02M
· Significant volume accompanies the drop, confirming selling pressure.
· Bollinger Bands are widening, indicating increased volatility.

5. Chart Pattern & Outlook

· Price has broken below the Bollinger Bands middle line and is trending downward.
· The MACD is deeply negative, and SAR is above price, both signaling continued bearish momentum.
· A bounce may occur near 99.54–95.93 (support zone), but any recovery would face resistance at 117.45 (SAR) and 126.20 (BOLL middle).

6. Summary & Action Points

· Bearish trend is strong and confirmed by multiple indicators.
· Watch 99.54–95.93 for potential support or breakdown.
· A close above SAR (117.45) would be the first sign of a possible trend reversal.
· Until then, bias remains bearish.