SOL drops 4.57% to $103, testing support at $101.36
- —SOL fell 4.57% to $103.04, with an intraday low of $101.36
- —Volume of $3.89 billion was 8.51% above the 30-day average
- —RSI at 36.4 and a bearish MACD point to weak momentum, but no capitulation
- —Price sits below the 7-, 15-, 30- and 50-day SMAs but above the 90-day $95.65 and 200-day $87.13
Why it matters: SOL's short-term trend remains bearish, but holding the 90- and 200-day averages keeps the longer-term picture constructive.
Source: DiarioBitcoin