SOL Under Pressure: Price at $108.84, Volume 23.5% Below Average
- —SOL trades at $108.84, below its 7-, 15- and 30-day SMAs
- —RSI at 42.9 and bearish MACD signal weak momentum, not capitulation
- —Daily volume of $2.75 billion is 23.5% below the 30-day average
- —SOL holds above its 50-day SMA at $107.85, plus 90- and 200-day averages
Why it matters: The 50-day SMA at $107.85 is the key line for SOL: a break below could accelerate losses, while holding it preserves the medium-term trend.
Source: DiarioBitcoin