$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