Tracking the Current Solayer Trend
the MACD line currently sits at 0.1769 while the signal line stands higher at 0.3018, indicating a bearish crossover. This negative divergence suggests selling pressure is increasing, which is confirmed by the red histogram bars deepening, currently at -0.1248. The histogram trend signals growing momentum to the downside, following a sharp price drop from over $3.00 to a daily low of $1.6 marking over 40% dip in a week.
