Solana (SOLUSD) price slid lower in its latest intraday trading, amid continued negative pressure from trading below its 50-day SMA. This reinforces the stability and dominance of the main short-term bearish trend, especially with price moving alongside a supporting minor trendline. However, in contrast to the above, a positive crossover is beginning to emerge in the Stochastic indicator after reaching deeply oversold levels, which may curb the price's losses in the near term.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as it remains below the resistance level at $81.00, targeting the key support level at $76.00.

Todays price forecast: Bearish