Solana bounced off $89, but time is running out!
Price $SOL bounced off support at $89 after failing to break through $96 earlier.
The candle has now closed just above the 200-day moving average (200-day SMA), and the RSI has dropped to 31 — the threshold for deeply oversold conditions. The coin is hanging on by a thread, and the next few days will decide: is this a bounce upward or a breakdown downward?
Will Solana hold this level or fall below $89?
#solana #sol #BinanceSquare
Price $SOL bounced off support at $89 after failing to break through $96 earlier.
The candle has now closed just above the 200-day moving average (200-day SMA), and the RSI has dropped to 31 — the threshold for deeply oversold conditions. The coin is hanging on by a thread, and the next few days will decide: is this a bounce upward or a breakdown downward?
Will Solana hold this level or fall below $89?
#solana #sol #BinanceSquare
