Markets· ★★★· bearish·

Solana rebounds to $108 after $100 test, but stays below key resistance

  • —SOL at $107.77, up 6% from its $101.69 low but below the 20-day average
  • —Nearest resistance sits at $111, where CoinGlass shows a liquidation cluster
  • —Weekly support per Murrey Math is $93.75, roughly 13% below the market
  • —US spot Solana ETFs posted $24.8 million in net outflows for the week to Oct. 9
Why it matters: Holding $106 and $100 will decide whether SOL extends its correction or retests $116, with ETF outflows adding pressure ahead of the Oct. 14 CPI print.
#SOL
Source: crypto.news
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