SOL could drop to $99 soon as it shows overbought signals at $103.85, with RSI high and MACD flatlined.
The stock of SOL is currently showing textbook signals of exhaustion at a price of $103.85. The Relative Strength Index (RSI) is indicating the stock is deeply in overbought territory, while the Moving Average Convergence Divergence (MACD) histogram is flatlined at zero. Taker sell pressure is dominating the short-term market dynamics. The stock may experience a quick retreat in the near future.