SOL just reclaimed 70, then lost it on the next hourly candle.

From 23:00 on November 14 to 00:00 on November 15 UTC, the full hourly candle rose from 69.13 to 70.28 USDT; the following hour, 00:00–01:00, closed at 69.41, giving back most of the rebound. Volume in the latter hour was about 27,000 SOL, below the previous hour’s 29,100, so the drop cannot be directly interpreted as “panic selling.”

The spot snapshot at 01:01 UTC was 69.20, down 10.74% over 24 hours; RSI(14) was around 24.2, and MACD remained below the signal line. Oversold does not mean a reversal.

To the upside, first watch whether a full hourly candle can close back above 70.28, then see whether the retest and volume can follow through; if it remains under pressure, there is still insufficient evidence of a recovery. To the downside, 68.60 is the recorded 24-hour low, but that does not guarantee support; a break below it without a recovery would weaken the case for stabilization.

The chart shows spot 1-hour candles; SOLUSDT Perp is a separate perpetual-market card, and the coin label is a spot-market entry point. For market observation only; this is not a buy or sell recommendation.

$SOL