Solana’s SOL has been facing a persistent barrier at the Simple Moving Average (SMA) since the start of the month, which has reinforced the prevailing bearish trend. Furthermore, the Relative Strength Index (RSI) has struggled to surpass its neutral point, with its average steadily decreasing. This pattern suggests a rise in selling pressure, causing the RSI to approach the oversold range. These technical signals mirror the difficulties that SOL is encountering in the current market. Stay updated with the most recent financial and business news by visiting COINTURK FINANCE.
