SOL slides as weak technicals and low volume persist
BROBROK News · Based on reporting by DiarioBitcoin ·
SOL traded at $95.29 on November 1, with declines across short- and medium-term horizons and volume well below its 30-day average. RSI at 29 points to oversold conditions, but the MACD remains bearish and the broader setup still looks cautious.
Key points
- Price is below the 5-, 7-, 10-, 15-, 20-, 30-, 50- and 90-day moving averages
- RSI at 29 suggests oversold conditions, but not a confirmed reversal
- Daily volume was 56.29% below the 30-day average
- The 200-day SMA at $88.81 remains a longer-term support reference
- Alpenglow is a plausible recent catalyst, but the link to the move is unproven
Why it matters
The setup shows technical weakness without clear evidence of a trend change. For crypto investors, it separates short-term market pressure from longer-term adoption developments on Solana.
Original headline: “SOL bajo presión el 1 de noviembre de 2026: señales técnicas apuntan a cautela”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.