Solana rebounds above $106 after testing $100, but bearish signals persist
- —SOL trades near $106.21 after bouncing from the Oct. 15 low of $100.62
- —Daily MACD stays bearish: line at -1.07 versus signal at 0.95
- —4-hour resistance levels sit at $109.21, $112.67 and $114.43
- —U.S. spot SOL ETFs saw an eighth consecutive outflow day at $1.29 million on Oct. 14
Why it matters: Holding $100–102.83 keeps a return to $114.95 in play; a break opens the $97–99 support and the $75–77 downside target.
Source: crypto.news