Solana’s currency price (SOLUSDT) edged higher in the intraday levels while trying to recoup some recent losses, amid the dominance of the downward short-term trend, with negative pressure from trading below the 50-day SMA, while a negative divergence formed in the RSI after reaching overbought levels compared to the price’s movements. 

 

Therefore we expect more losses for the price, targeting the pivotal support of $116.00, provided the resistance of $187.40 holds on.

 

Trend forecast for today: Bearish