Markets· ★★★· bearish·

Solana drops 8.15% to $108.54, tests SMA-50 support

  • —SOL trades at $108.54 after an 8.15% daily decline
  • —Volume of $3.86 billion is 9.6% above the 30-day average
  • —SMA-50 at $107.35 is the nearest support; price is below all short-term averages
  • —Market cap at $63.94 billion, 63% below the $293.41 peak
Why it matters: Holding the SMA-50 will determine whether the correction deepens or a technical rebound begins from oversold levels.
#SOL
Source: DiarioBitcoin
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