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S
SOLUSDT
Solana / Tether
Crypto Market Open
89.33
+0.16% Updated 4 hours ago
Live data may be delayed (last refreshed 251.91736031667 min ago).
AI ANALYST BRIEF
Lean Bearish

Solana slides 2.9% as range breakdown signals further weakness

Price is down 2.93% over 24 hours to 89.43, now trading 4.99% below the 50-day moving average. RSI at 42.5 reflects weakening momentum, while a 70% confidence range breakout down pattern suggests bearish directional bias. With 20-day realized volatility at 33.27% and ATR at 1.67, volatility remains elevated amid directional conviction.

Solana maintains strong correlation with Bitcoin (0.7904), Ethereum (0.7888), and XRP (0.8724) over the past 39 days, indicating broad crypto sector weakness rather than isolated selling pressure. The weekly decline of 3.47% aligns with broader market sentiment, though 48-hour sentiment averaged 0.32 displays residual optimism despite near-term price deterioration.

Watch 88.00 support and the 86.50 zone for deeper downside confirmation. Upside resistance sits near 91.50. High-impact US PPI data on May 20 could influence macro risk appetite and crypto positioning; a hawkish print may extend selling while dovish readings could spark mean-reversion rallies.

Price · Candlestick

Key Levels

Resistance · current · support
89.38 24h high 55%
90.00 Round figure 40%
90.13 Fib 78.6% 50%
91.85 Fib 61.8% 50%
89.27 Current price ·
89.09 24h low 55%
89.00 Round figure 40%
88.49 Prev month low 85%
76.69 52-week low 95%

Pattern Read

Rule-based · last 60 sessions
Range compression — ATR compressed 16% confidence
14-day ATR has compressed to 0.84× its 60-day baseline — coiled spring conditions often precede a directional move.

Correlations Today

30-day window · top 5 by strength
XRPUSDT
+0.87
BNBUSDT
+0.86
BTCUSDT
+0.79
ETHUSDT
+0.79
DOGEUSDT
+0.62

Statistical Snapshot

RSI (14d)
38.70
Neutral, leaning weak
ATR (14d)
1.52
Average true range (14d)
Realized vol (20d)
23.51%
Above average
50-day MA dist
-4.42%
Trading below 50-day MA
Weekly change
-2.52%
Change over last 5 sessions
Monthly change
-6.56%
Change over last 20 sessions

Catalysts · Next 7 Days

High + medium impact events
HIGH Tue · 12:30 UTC (0h)
US PPI
Producer-level inflation data influences rate expectations; a hotter print would elevate pressure on the Fed and steepen the yield curve.
HIGH Wed · 12:30 UTC (0h)
US PPI
Producer price inflation trends would inform expectations for downstream consumer price pressures and potential Fed policy adjustments.
MEDIUM Thu · 12:30 UTC (0h)
US Initial Jobless Claims
Weekly jobless claims offer near-real-time labor market pulse; elevated readings would add to recession anxiety amid already-tight financial conditions.

Smart Suggestions

From cross-asset correlations
XRPUSDT corr +0.87
Tracks SOLUSDT closely (r=+0.87) — consider for parallel exposure when sizing the same thesis.
BNBUSDT corr +0.86
Tracks SOLUSDT closely (r=+0.86) — consider for parallel exposure when sizing the same thesis.
BTCUSDT corr +0.79
Strong directional link with SOLUSDT (r=+0.79) — confirms macro thesis across the pair.
24h High
89.38
24h Low
89.09
24h Change
+0.16%
24h Volume
Quote Details Last update: 2026-05-16T00:14:05+00:00
Bid
89.33
Ask
89.33
Spread
0.0089
24h Open
89.19
Mid
89.33
Provider Symbol
SOL/USD
Spread shown is an indicative inter-bank reference — actual broker spreads vary by venue and account type.
Instrument Specs
SymbolSOLUSDT
Base / QuoteSOL / USDT
Contract Size1 SOL
Tick Size0.01
Pip Value (USD)$1.0000
Trading Hours 00:00 – 23:59 UTC · Sun Mon Tue Wed Thu Fri Sat
Sentiment · 24h via Fiper Terminal
SOLUSDT +0.370 · 3 articles
Sentiment derived from news articles over the last 24 hours.
News · SOLUSDT 0 articles · last 7 days
No news coverage for SOL in the last 7 days.