Markets· ★★· bearish·

Solana falls 1.27% to $106.51, tests technical support at $104

  • —SOL trades 63.70% below its all-time high of $293.41
  • —Daily volume of $2.76 billion is 22.32% below the 30-day average
  • —RSI at 40.6 and a bearish MACD signal weak momentum without extreme oversold conditions
  • —Key technical support level sits at $104.01
Why it matters: Weak technical structure on low volume raises the risk of a test of $104 and further downside if inflows fail to return.
Source: DiarioBitcoin