Solana (SOL) has recovered for more than 12 % today after Trump announced a temporary stop for 90 days on the definitions. Despite the great recovery, technical indicators continue to flash the downward warnings. The main indicators such as RSI, BBTREND and EMA lines indicate poor momentum and not condemning the buyer. While excessive sale conditions began to settle, the wider structure is still a little inclined for the sellers.
Solana RSI shows a lack of condemnation among buyers
The RSI (RSI) is currently sitting at 45.52, hovering in a neutral area, but it remains less than the midfield for approximately 50 days.
This comes after the relative power index briefly decreased to the sale level of 21.53 two days ago, indicating that the sellers have briefly controlled before the demand begins to settle.
Slow climbing in RSI towards the neutral indicates that although severe selling pressure has eased, the bullish momentum has not yet controlled.
RSI is a momentum that measures the speed and size of modern price movements. It usually ranges from 0 to 100.
The above -mentioned readings are generally interpreted as a severe region, indicating the possibility of withdrawal, while readings that are less than 30 conditions indicate the sale and the possibility of apostasy.
RSI indicates in Solana at 45.52 that the original is in the recovery stage but lacks condemnation. If the relative strength index fails to cross over 50 soon, this may mean the continuous frequency between buyers and the possibility of a side price or even another leg.
Sol Bbtrend has reached its lowest level within about a month
SolaNa is currently in -14.19, after it has turned into negativity since yesterday, and is at its lowest level since March 13 -a month ago.
This shift to a deeper negative area indicates that the declining momentum is built again after a period of relative stability.
Return to these levels may indicate an increase in pressure on the negative side, especially if the sale continues to follow in the short term.
BBTREND (Bollinger Band Trend) is an indication based on fluctuations that measure the strength and direction of the price using the distance between the Bollinger prices.
Bbtrend generally positively reflects the bullish momentum, while negative values indicate a declining momentum. The deeper reading in a negative area, the stronger the declining pressure.
SolaNa is now in -14.19, which implicitly means an intense, intense phase, which may mean an additional decrease in prices unless morale or size quickly turns in favor of buyers.
Will Solana come to less than $ 100 again in April?
The Solana EMA preparation continues to reflect a strong downtown structure, while short -term intermediate averages remain less than that long -term.
This alignment confirms that the declining momentum is still in control, which makes the sellers in a dominant position.
However, if Solana Price managed to maintain the current power and buy interest, the resistance may be tested at $ 120. The rest over this level may open the path towards the next goal at $ 134.
On the negative side, if the current declining direction continues, Solana can reconsider support near $ 95, the level that was previously working as a short -term floor.
Loss of this level will be technically important, which may push Sol to less than $ 90 – it has not been seen since January 2024.
Disintegration
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