Headline: $SOL Testing Key Fibonacci Levels 📉

​Solana is currently showing some bearish pressure on the 4H chart, trading around $86.04.

​Support: Watching the 1.0 Fibonacci level at $84.24 closely.

​Indicators: RSI is at 36.95, approaching oversold territory, while the MACD shows a bearish crossover.

​Moving Averages: Price is currently below the MA(7) and MA(30), but still hovering near the MA(200).

​Are we looking at a bounce from $84, or is further downside coming? Let me know your thoughts! 👇

​#solana #sol #CryptoAnalysis #TechnicalAnalysis #Binance $ADA $BNB

BNB

609.76

-1.14%