Solana bounces to $105.70 as $100.43 support decides next move
- —SOL gained about 1.6% on the day, hitting an intraday high near $105.88
- —Spot SOL ETFs bled $12.7 million on Oct. 16, a 10th straight outflow session
- —DeFi TVL stands at $5.87 billion; stablecoins on the network total $15.55 billion
- —Daily RSI at 42.72 and a bearish MACD show momentum has not flipped
Why it matters: Holding $100.43 keeps a path to $110-$120 open, while a break lower puts the $94-$96 zone back in play.
Source: CoinCentral