SOL drops 5.12% to $96.77 on volume more than double its average
- —Price is below the 7-day ($101.71) and 30-day ($109.46) SMAs but above the 200-day ($88.63)
- —Volume reached $6.05 billion versus a $2.66 billion 30-day average
- —RSI at 31 and stochastic at 24.4 signal weakness without a confirmed reversal
- —CoinMarketCap tied the drop to $24.82 million in outflows from SOL ETFs
Why it matters: SOL is losing the $100 psychological level amid ETF outflows; holding $92.81 will determine whether the altcoin selloff deepens.
Source: DiarioBitcoin