🚨JUST IN - TODAY: $SOL Defends $90 After 22% Monthly Crash 🔥
Today Solana is making headlines again.
After falling 22% in the last 30 days - the worst among top coins - $SOL is trading at $90.28 today, up +1.02% after bouncing from the $89 support.
What happened today:
1. Futures traders are back: Today, SOL futures Open Interest on Binance jumped 9.22% to $886M, and 78.6% of traders are long. That means traders are betting on $90 as the bottom.
2. Money is still leaving ETFs: Yesterday, Nov 6, US SOL Spot ETFs saw a $25M outflow, so big money is still cautious.
3. China News: Today's big news is that China's central bank has halted Solana-related events, which added some pressure.
Today's Levels:
Support: $89 - $87.20 (Trendline holding since June)
Resistance: $93.70 - $94.68
Target: $100
RSI is now at 31, which means SOL is in the oversold zone - where bounces often start.
My Plan Today:
If we get a daily close above $90, the road to $100 opens up. If $89 breaks, $84 - $80 is almost confirmed.
What are you doing today?
Buying the $90 dip or waiting for $100?
Tell me in the comments 👇
#Solana #SOL #CryptoNews🚀🔥V #Today #BinanceSquare
$SOL
Today Solana is making headlines again.
After falling 22% in the last 30 days - the worst among top coins - $SOL is trading at $90.28 today, up +1.02% after bouncing from the $89 support.
What happened today:
1. Futures traders are back: Today, SOL futures Open Interest on Binance jumped 9.22% to $886M, and 78.6% of traders are long. That means traders are betting on $90 as the bottom.
2. Money is still leaving ETFs: Yesterday, Nov 6, US SOL Spot ETFs saw a $25M outflow, so big money is still cautious.
3. China News: Today's big news is that China's central bank has halted Solana-related events, which added some pressure.
Today's Levels:
Support: $89 - $87.20 (Trendline holding since June)
Resistance: $93.70 - $94.68
Target: $100
RSI is now at 31, which means SOL is in the oversold zone - where bounces often start.
My Plan Today:
If we get a daily close above $90, the road to $100 opens up. If $89 breaks, $84 - $80 is almost confirmed.
What are you doing today?
Buying the $90 dip or waiting for $100?
Tell me in the comments 👇
#Solana #SOL #CryptoNews🚀🔥V #Today #BinanceSquare
$SOL
