Solana Is Flashing a Signal Last Seen at the $60 Bottom
Photo: Coindoo
Key Takeaways RSI below 30 for first time since June. Last sub-30 reading came at the $60 bottom. SOL held a cent above its 50% level. Moving averages still stacked in bullish order. SOL traded at $94 at 19:19 UTC on Friday, down about 1.5% on the day, according to the Binance SOL/USDT daily chart . The signal: RSI below 30 Then · mid-June RSI < 30 SOL bottomed near $60 Now RSI 27.6 SOL near $94 The Relative Strength Index measures how strong recent gains are compared with recent losses, on a scale from 0 to 100.
Source: Coindoo
