Solana drops 5.13% to $107, testing key support at $106.75
- —SOL slid 5.13% to $107.04, down $0.84 from the prior close of $107.88
- —Volume reached $3.84 billion, 8.85% above the 30-day average
- —RSI at 41.4 and stochastic at 20.9 point to weak momentum, not oversold
- —Key supports: $106.75, $104.01 and $102.74
Why it matters: A break below $106.75 opens the door to $104 and $102.74, while reclaiming short-term averages would be the first sign of stabilization.
Source: DiarioBitcoin