The SOL/USDT pair is trading at 107.9 USDT, reflecting a -3.9% change from the previous daily close of 111.35 USDT. This move has breached the prior support level of 110.6 USDT, marking a price breakdown.
The decline corresponds to 0.9 multiples of the 14‑day ATR, which stands at 4.23% on a percentage basis. The predefined thresholds for a significant breakout are 2.0 ATR multiples and an 8.46% price move, so the current slide remains below those levels.
Technically, the 14‑day RSI is at 46.9 and the ADX14 reads 33.5, indicating moderate trend strength. The price sits just above the 50‑day EMA (107.55) and well above the 200‑day EMA (93.29). The market regime is classified as BULL.
Market context shows a fear‑greed index of 69, labeled "Greed", and Bitcoin dominance at 59.0%.