SOL drops below key moving averages as support nears
BROBROK News · Based on reporting by DiarioBitcoin ·
SOL fell to $94.07 and remains below its main short- and medium-term moving averages. The RSI points to oversold conditions while MACD stays bearish, and a reported $46.4 million SOL transfer into BTC may have added pressure without proving the cause.
Key points
- SOL declined 1.42% to $94.07
- Price stayed below the 7-, 15-, 30-, 50- and 90-day SMAs
- RSI at 27.3 signals oversold conditions; MACD remains negative
- Nearest technical support cited at $92.28
- Daily volume of $1.99 billion was below the 30-day average
Why it matters
The setup shows near-term weakness in SOL and puts attention on whether the market can defend the next support area. The reported transfer is a plausible pressure factor, but it does not confirm the day’s move on its own.
Original headline: “Solana cae bajo sus promedios clave el 2 de noviembre de 2026”
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.