$SOL #BuyTheDipOrWaitNow? SOL/USDT, Here is a comprehensive technical analysis:
1. Overall Trend & Price Action
· Dominant Trend: Strongly Bearish in the short term.
· Current Price: $90.54, down -7.29% (spot) and -7.13% (perpetual).
· Price Context: Trading near the **24-hour low ($89.32)**, significantly below the 24-hour high ($98.79). The price is at the lower end of the recent range.
2. Key Technical Indicators Breakdown
Bollinger Bands (20,2)
· Current Band Levels:
· Middle (BOLL): 91.22
· Upper Band (UB): 92.38
· Lower Band (LB): 90.06
· Analysis: The price (90.53) has broken bel