$SOL just tagged its lowest price in 30 days, and almost nobody is shouting about it.
Last print $84.32, sitting right on the 24h low. Range today: $84.32–88.07, down 1.8%.
Zoom out and it's a slow bleed:
• 7d: -9.4% (from ~$93.10), weekly high $98.14
• 30d: from $105.76 to $84.32, roughly -20%
• Nov 5–8 it chopped sideways around $89–91, then that shelf gave way
The interesting part is volume. 24h turnover is ~$152M, about 11% below the prior six-day daily average (~$171M). Price grinding lower on thinning volume reads more like buyers stepping away than panic selling. No capitulation candle yet.
Levels I'm watching:
– $84.3: the floor being tested right now. A clean 4h close below opens fresh lows for the month.
– $86.5–88: first ceiling, where today's bounce attempts died.
– $90: the old consolidation shelf. Reclaiming it would flip the short-term picture.
Quiet breakdown or a base forming at $84? What's your read?
Not financial advice.
#Solana #CryptoTrading #SOL
Last print $84.32, sitting right on the 24h low. Range today: $84.32–88.07, down 1.8%.
Zoom out and it's a slow bleed:
• 7d: -9.4% (from ~$93.10), weekly high $98.14
• 30d: from $105.76 to $84.32, roughly -20%
• Nov 5–8 it chopped sideways around $89–91, then that shelf gave way
The interesting part is volume. 24h turnover is ~$152M, about 11% below the prior six-day daily average (~$171M). Price grinding lower on thinning volume reads more like buyers stepping away than panic selling. No capitulation candle yet.
Levels I'm watching:
– $84.3: the floor being tested right now. A clean 4h close below opens fresh lows for the month.
– $86.5–88: first ceiling, where today's bounce attempts died.
– $90: the old consolidation shelf. Reclaiming it would flip the short-term picture.
Quiet breakdown or a base forming at $84? What's your read?
Not financial advice.
#Solana #CryptoTrading #SOL
