SOL opened today right on the edge: 91.95 open, 91.90 intraday low, trading 92.36 — down 3.0% on the 24h clock.
This is the third test of the 91.9-92.25 zone: the Oct 30 hammer at 92.25, Tuesday's intraday probe to 91.90, and today opening straight on top of it. The two completed daily candles both printed lower wicks, so there is a bid down here.
Being precise about what I do not know: today's candle is still open. Light volume so far is a function of the session being incomplete, not evidence of exhaustion. And price drifting from 91.90 to 92.36 is a live print, not a close. I'll compare three full days of turnover tomorrow at 08:00 UTC+8 before claiming sellers are running thin — if the numbers disagree, I'll retract it publicly.
Above: the 7D at 95.5, 99D at 98.8, 25D at 102.2 stacked in order, and this bounce hasn't touched any of them. Funding 0.01%, open interest steady at $868M — no leverage conviction on either side.
Verdict at tomorrow's close: hold 91.9 with a volume green candle → floor confirmed, 95.5/98.8 next. Lose 91.9 → three defenses invalidated, 90 then the August platform at 85.
When one number decides everything, the honest position is zero size and two alerts.
$SOL $BTC $ETH
(Personal trade journal, not financial advice. DYOR.)
This is the third test of the 91.9-92.25 zone: the Oct 30 hammer at 92.25, Tuesday's intraday probe to 91.90, and today opening straight on top of it. The two completed daily candles both printed lower wicks, so there is a bid down here.
Being precise about what I do not know: today's candle is still open. Light volume so far is a function of the session being incomplete, not evidence of exhaustion. And price drifting from 91.90 to 92.36 is a live print, not a close. I'll compare three full days of turnover tomorrow at 08:00 UTC+8 before claiming sellers are running thin — if the numbers disagree, I'll retract it publicly.
Above: the 7D at 95.5, 99D at 98.8, 25D at 102.2 stacked in order, and this bounce hasn't touched any of them. Funding 0.01%, open interest steady at $868M — no leverage conviction on either side.
Verdict at tomorrow's close: hold 91.9 with a volume green candle → floor confirmed, 95.5/98.8 next. Lose 91.9 → three defenses invalidated, 90 then the August platform at 85.
When one number decides everything, the honest position is zero size and two alerts.
$SOL $BTC $ETH
(Personal trade journal, not financial advice. DYOR.)
