Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) was another notable mover on Monday, as the token fell for a third consecutive day.
Following a high of 23.93 on Sunday, SOL/USD slipped to a bottom of 22.05 earlier in the day.
This bearish spell started after bulls were unable to force a breakout beyond a ceiling at the 24.00 mark.
One of the catalysts for this was the RSI, which also failed to surge past a key resistance level at 55.00
As of writing, price strength is tracking at 48.58, with the next visible floor at the 45.00 zone.
This is not a piece of financial advice.
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