SOL drops 4.49% to $97.4, tests key support at $96
- —SOL trades at $97.4, down 4.49% on the day
- —Daily volume of $4.18 billion is 56.85% above the 30-day average
- —RSI at 31.8 and MACD below its signal line keep sellers in control
- —Nearest support at $95.99, immediate resistance at $100.06
Why it matters: SOL sits below all short-term averages but above its 200-day at $88.63, which will decide whether the move turns into a rebound or a deeper slide.
Source: DiarioBitcoin