SOL Daily Playbook
Solana is caught in a split-tape regime: price at 95.27 sits 12.7% below the 50-SMA (109.09) yet still 7.29% above the rising 200-SMA (88.79), signaling an intermediate-term pullback inside a longer-term uptrend. Momentum is heavy — RSI at 30.14 is pressed against oversold, and MACD at -3.49 remains below its -2.73 signal line, so downside pressure has not yet exhausted. The 200-SMA near 88.79 is the pivotal support shelf; a decisive loss there would flip the broader structure and open the prior consolidation lows beneath. Overhead, reclaiming the 50-SMA at 109.09 is the structural trigger bulls need, with the 95–96 zone acting as the near-term pivot that must hold on closing basis.
Setup: watch for either a bullish RSI divergence and MACD cross while price defends 88.79–95.27, or a clean break and retest failure of that band. The constructive thesis is invalidated on sustained daily closes below the 200-SMA (88.79); the bearish continuation thesis weakens on a reclaim and hold back above 109.09.