$SOL Update Today - 7 Nov | Defending $90?
SOL is trading at $90 after a big market sell-off. BTC fell to $75,933 and Nasdaq crashed 5.5%.
But SOL is still holding above its 200-Day MA at $89.04. RSI is at 30.8, near oversold.
My View:
Support: $88.30 - $87
Resistance: $95 - $100
If SOL holds $88, a bounce to $95 is possible.
Fear & Greed is 25 - Extreme Fear. This is where people panic, and smart money watches.
Are you buying this dip or waiting?
#solana #TradFiForBeginners
SOL is trading at $90 after a big market sell-off. BTC fell to $75,933 and Nasdaq crashed 5.5%.
But SOL is still holding above its 200-Day MA at $89.04. RSI is at 30.8, near oversold.
My View:
Support: $88.30 - $87
Resistance: $95 - $100
If SOL holds $88, a bounce to $95 is possible.
Fear & Greed is 25 - Extreme Fear. This is where people panic, and smart money watches.
Are you buying this dip or waiting?
#solana #TradFiForBeginners