Markets· ★★· bearish·

Solana Falls 2.5% to $102.66 on Volume 63% Below Average

  • —Price at $102.66 versus prior close of $104.61, intraday range $101.85–$105.06
  • —Volume of $1.29 billion is 63.54% below the 30-day average of $3.53 billion
  • —SOL sits below SMA-7, SMA-30 and VWAP but above SMA-90 ($96.30) and SMA-200 ($87.34)
  • —Down 6.31% over seven days and 14.86% over 14 days
Why it matters: Thin volume and oversold readings leave room for a bounce, but a break of $101.85 would expose $96.30.
Source: DiarioBitcoin