Solana drops 3.21% to $119.30, tests key support
- —SOL fell 3.21% in 24 hours to $119.30 with a market cap of $70.16 billion
- —Up 14.83% over 30 days and 47.57% over 90 days, but 59.34% below its $293.41 ATH
- —Volume of $3.15 billion is 14.57% below the 30-day average; RSI at 61, MACD bearish
- —Price sits above SMA-30 at $109.77 and SMA-200 at $85.66, but below SMA-7 at $119.74
Why it matters: Holding the $119.10–119.98 zone will determine whether the medium-term uptrend stays intact or a deeper correction begins.
Source: DiarioBitcoin