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Solana (SOL) Price Hits Five-Month Low Amid Technical Weakness and Holder Selling
Solana (SOL) dropped to its lowest level since June after sustained bearish momentum and increased selling pressure across both short- and long-term holders. On-chain indicators such as LTH-NUPL and HODL wave data signalled declining holder conviction, while the four-hour Relative Strength Index stood near 36.80 and the Awesome Oscillator reached –5.84. Technical structures pointed toward deeper downside unless support at $94.51 held, according to recent analysis.
Tags:
- solana
- crypto
Ccn• By Ayush Samantaray
Explore:Mutual Fund AI Screening
neutral
Solana (SOL) Price Hits Five-Month Low Amid Technical Weakness and Holder Selling
Solana (SOL) dropped to its lowest level since June after sustained bearish momentum and increased selling pressure across both short- and long-term holders. On-chain indicators such as LTH-NUPL and HODL wave data signalled declining holder conviction, while the four-hour Relative Strength Index stood near 36.80 and the Awesome Oscillator reached –5.84. Technical structures pointed toward deeper downside unless support at $94.51 held, according to recent analysis.
Tags:
- solana
- crypto
Ccn• By Ayush Samantaray
Explore:Mutual Fund AI Screening
1 min read
66 words
Solana plunged to a five-month low with weakening holder sentiment and technical indicators crossing bearish thresholds, raising risk of further downside unless support holds.
Solana (SOL) dropped to its lowest level since June after sustained bearish momentum and increased selling pressure across both short- and long-term holders. On-chain indicators such as LTH-NUPL and HODL wave data signalled declining holder conviction, while the four-hour Relative Strength Index stood near 36.80 and the Awesome Oscillator reached –5.84. Technical structures pointed toward deeper downside unless support at $94.51 held, according to recent analysis.
Solana (SOL) dropped to its lowest level since June after sustained bearish momentum and increased selling pressure across both short- and long-term holders. On-chain indicators such as LTH-NUPL and HODL wave data signalled declining holder conviction, while the four-hour Relative Strength Index stood near 36.80 and the Awesome Oscillator reached –5.84. Technical structures pointed toward deeper downside unless support at $94.51 held, according to recent analysis.
Tags:
- solana
- crypto
- solana
- crypto
- technical-analysis
- holder-sentiment
- altcoins