Heidrick & Struggles's MACD and KDJ indicators signal potential bearish trend.

According to Heidrick & Struggles's 15-minute chart, a number of technical indicators have triggered bearish signals. Specifically, the MACD has crossed below its signal line, indicating a shift in momentum towards the downside. Additionally, the KDJ indicator has crossed below its 9-day moving average, and the candlestick pattern is a bearish Marubozu. These indicators suggest that the stock price has the potential to continue falling, with sellers dominating the market. Furthermore, the bearish momentum is likely to persist, as the technical indicators are all pointing towards a downtrend.

Institutional interest in Solana (SOLUSD) has been on the rise, with significant holdings noted among prominent firms. According to a TradingView report, Bit Mining and Upexi collectively hold over 3.5 million SOL, valued at approximately $591 million. This growing interest in Solana may be a crucial factor in shaping its future performance, particularly as the market approaches 2025.

Technical analysis, however, suggests a potential downtrend for Solana. Heidrick & Struggles's 15-minute chart has triggered several bearish signals. The MACD has crossed below its signal line, indicating a shift in momentum towards the downside. Additionally, the KDJ indicator has crossed below its 9-day moving average, and the candlestick pattern is a bearish Marubozu. These indicators collectively suggest that the stock price has the potential to continue falling, with sellers dominating the market .

Furthermore, the bearish momentum is likely to persist, as all technical indicators point towards a downtrend. Traders and investors should closely monitor these signals and adjust their strategies accordingly.