Down 9.6% in 7 days, $SOL is now hovering around $92.60, less than 2% above its 7-day low of $90.87—among the major coins I checked this morning, it’s the closest to its 7-day floor.
A look back at yesterday: down 1.6% over the past 24 hours, trading between $90.87 and $95.95 throughout the day, with around $176 million in 24-hour spot trading volume. Over 7 days, the range was $90.87 to $103.85. It’s down 9.6% over that period, and the current price is about 12% below the 7-day high, near the bottom of the range.
Three numbers to watch today: to the upside, first $95.95, the 24-hour high, then the 7-day high of $103.85. To the downside, $90.87 is both the 24-hour and 7-day low. If it breaks below that, the 7-day range will have a new floor—and there’s no way around it: we’ll need to redraw the range for the next leg.
There’s another key time today: at 11:00 p.m., U.S. September JOLTS job openings data will be released. Volatility could pick up around the release. A single day’s move doesn’t tell us the trend, so first watch whether these levels give way.
Do you think SOL will return to $95.95 first, or test $90.87 first?
#行情观察 #Solana
A look back at yesterday: down 1.6% over the past 24 hours, trading between $90.87 and $95.95 throughout the day, with around $176 million in 24-hour spot trading volume. Over 7 days, the range was $90.87 to $103.85. It’s down 9.6% over that period, and the current price is about 12% below the 7-day high, near the bottom of the range.
Three numbers to watch today: to the upside, first $95.95, the 24-hour high, then the 7-day high of $103.85. To the downside, $90.87 is both the 24-hour and 7-day low. If it breaks below that, the 7-day range will have a new floor—and there’s no way around it: we’ll need to redraw the range for the next leg.
There’s another key time today: at 11:00 p.m., U.S. September JOLTS job openings data will be released. Volatility could pick up around the release. A single day’s move doesn’t tell us the trend, so first watch whether these levels give way.
Do you think SOL will return to $95.95 first, or test $90.87 first?
#行情观察 #Solana
