Solana drops 6.39% to $110.62 on volume 41.5% above average
- —SOL trades at $110.62, down 6.39% on the day
- —Volume of $4.98B is 41.5% above the 30-day average
- —Price is below SMA-7 ($119.52) and SMA-30 but above SMA-50 ($107.35)
- —MACD is bearish and RSI at 45.2 shows no oversold signal
Why it matters: SOL has lost its short-term averages but holds the 50- and 200-day SMAs; a break below $107 would open the door to a deeper correction.
Source: DiarioBitcoin