The SOL technical analysis shows the continuation of a bearish trend as prices consolidate below $15 after a minor initial recovery, with an RSI below 45. Hitting its one-year low of $12.43 earlier this week, Solana (SOL) is going through a prolonged bearish trend since early November. The downtrend gained strength owing to bearish sentiments in the market due to financial crises in FTX with the CEO resigning from the post. In the last 10 days, the SOL broke below the support zone of $30 and $25. Despite witnessing a 2.75% surge in prices over the past 24 hours, SOL The post SOL Technical Analysis: Solana Struggles to Rebound Above $15 Mark appeared first on Cryptoknowmics-Crypto News and Media Platform .
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