$SOL or $ETH for the next leg? Only one.
SOL is sitting at $100.44, down 2.62% today, with $200.13M traded. The 4h move is -2.2%, RSI is 45, and price is still below the 20d and 50d averages.
Not exactly strength. 🥶
Funding is positive at 0.006%, so longs are paying while $BTC sets the tone. Volume is only 0.4x the 20d average too. Quiet sell pressure is still pressure.
At $100, I’d want a clean reclaim before getting interested. ⚠️
SOL or ETH? Where does SOL top out?
#Solana #Layer1
SOL is sitting at $100.44, down 2.62% today, with $200.13M traded. The 4h move is -2.2%, RSI is 45, and price is still below the 20d and 50d averages.
Not exactly strength. 🥶
Funding is positive at 0.006%, so longs are paying while $BTC sets the tone. Volume is only 0.4x the 20d average too. Quiet sell pressure is still pressure.
At $100, I’d want a clean reclaim before getting interested. ⚠️
SOL or ETH? Where does SOL top out?
#Solana #Layer1