CoinGecko and exchange spot data showed Solana (SOL) at $95.50 at 3:05 a.m. ET (08:05 UTC) Sunday, below the $96 level in the Oct. 27 analysis by FXEmpire Senior Cryptocurrencies Analyst Alejandro Arrieche.
The price was an intraday reading, not a completed daily close. Arrieche treated $96 as a possible support retest.
If SOL broke $96, Arrieche’s downside case pointed to $84 to $77. His recovery scenario required SOL to hold above $96 and its 200-day exponential moving average. Arrieche said a recovery could begin in the next few days if both levels held; he gave no deadline for reaching $110 or for the downside move.
EconoTimes earlier covered analyst Itai Smidt’s view of $100 as a possible floor for Solana; he said a daily close below $97 would weaken that view.
