1 week ago
17
Key Takeaways
- SOL at $86.67, Fibonacci 0.382 at $86.5.
- SMA50 at $86.47 and SMA100 at $86.10 forming support floor $0.20-$0.57 below price.
- Total compression range: $0.78 between MA floor and Fibonacci ceiling.
- Futures CVD: buy dominant May 6-15, returned to neutral May 16 onward.
- Spot CVD: neutral throughout entire 30-day visible range.
Solana’s price compression between the Fibonacci 0.382 at $86.5 and the SMA50/SMA100 cluster at $86.10-$86.47 is occurring in a volume vacuum: both futures and spot CVD have returned to neutral after the May buying surge, meaning the price is not being held at this level by active demand but by the absence of active selling.
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