Markets· ★★· bearish·

Solana falls 2% to $105.81 on above-average volume

  • —SOL at $105.81, down 2% from the $107.90 open
  • —Volume of $4.09B is 14.17% above the 30-day average
  • —Price below 7/15/30/50-day SMAs but above SMA-90 at $95.65 and SMA-200 at $87.13
  • —RSI at 41 with bearish MACD; intraday low of $101.36
Why it matters: A break below the $101.36 intraday low would add pressure on SOL, while the October 21 Alpenglow activation could act as a catalyst.
Source: DiarioBitcoin