š„Based on the chart for the SOL/USDT pair, here is the brief technical analysis:
šāCurrent trend: The price is undergoing a downward correction after a peak at 87.02, and is now trading near critical support levels.
š„āMoving averages: The price is oscillating between EMA(7) and EMA(25), indicating a state of volatility and searching for a clear direction.
ā āTechnical indicators: The recent "doji" candles reflect market indecision, with a noticeable decline in trading volumes compared to the previous upward wave.
āāConclusion: Staying above 81.70 supports a return to the upside, while breaking this level may push the price to test the next support at 78.38.
#EthereumFoundationETHSaleForOperations
#IranHormuzCryptoFees
šāCurrent trend: The price is undergoing a downward correction after a peak at 87.02, and is now trading near critical support levels.
š„āMoving averages: The price is oscillating between EMA(7) and EMA(25), indicating a state of volatility and searching for a clear direction.
ā āTechnical indicators: The recent "doji" candles reflect market indecision, with a noticeable decline in trading volumes compared to the previous upward wave.
āāConclusion: Staying above 81.70 supports a return to the upside, while breaking this level may push the price to test the next support at 78.38.
#EthereumFoundationETHSaleForOperations
#IranHormuzCryptoFees