Solana slips 2.57% to $101.92 on volume nearly half its monthly average
- —SOL dropped 2.57% to $101.92, session low $101.78
- —Volume of $1.78B is 48.47% below the 30-day average
- —RSI at 35.7 and stochastic at 2.7 signal oversold conditions
- —Price below SMA-30 and $103.39 VWAP, above $96.61 SMA-90
Why it matters: The decline lacks volume confirmation of capitulation; the $96.61 SMA-90 is the key support, while a reclaim of $104 would neutralize the bearish setup.
Source: DiarioBitcoin