SOL & IDOL | Market Watch
$SOL trading near $93.40, with continued selling pressure despite Solana's Q3 app revenue reaching $299M (+48% QoQ). RSI near oversold levels suggests a possible relief bounce.
Support: $91.00 / $89.00
Resistance: $94.50 / $97.20
Outlook: Neutral-to-bearish. A breakout above $94.50 could target $97.20, while losing $91 risks further downside.
$IDOL trading around $0.018, following a sharp correction after its recent 100%+ weekly rally and KuCoin listing. Profit-taking is dominating short-term action.
Support: $0.017 / $0.015
Resistance: $0.020 / $0.025
Outlook: Short-term bearish, but recovery remains possible if buyers defend $0.017 and reclaim $0.020.
Trading Strategy: Watch SOL for a confirmed reclaim of $94.50. For IDOL, avoid chasing volatile candles; wait for support confirmation and stronger buying volume before entering.
#solana #IDOL #BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #BinanceHourlyDepositsExceedWithdrawals
$SOL trading near $93.40, with continued selling pressure despite Solana's Q3 app revenue reaching $299M (+48% QoQ). RSI near oversold levels suggests a possible relief bounce.
Support: $91.00 / $89.00
Resistance: $94.50 / $97.20
Outlook: Neutral-to-bearish. A breakout above $94.50 could target $97.20, while losing $91 risks further downside.
$IDOL trading around $0.018, following a sharp correction after its recent 100%+ weekly rally and KuCoin listing. Profit-taking is dominating short-term action.
Support: $0.017 / $0.015
Resistance: $0.020 / $0.025
Outlook: Short-term bearish, but recovery remains possible if buyers defend $0.017 and reclaim $0.020.
Trading Strategy: Watch SOL for a confirmed reclaim of $94.50. For IDOL, avoid chasing volatile candles; wait for support confirmation and stronger buying volume before entering.
#solana #IDOL #BinanceIncidentReport #BinanceReopensWithdrawalsForMoreAssets #BinanceHourlyDepositsExceedWithdrawals