The daily candle
Solana closed the October 7 daily candle at $116.23, down 3.67% on the day, after trading between $115.14 and $120.65. What stands out on the daily chart: below 20-day average.
Moving averages
The close of $116.23 is 1.5% below the 20-day average ($118.05).
The close of $116.23 is 8.4% above the 50-day average ($107.27).
Momentum: RSI and MACD
The 14-day RSI reads 54.1, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 4.074 against a signal line of 4.901, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.91 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $111.51 to $124.58, and the close is inside the bands.
Over the previous 30 days the highest close was $122.08 and the lowest $96.81.
What it costs to hold a position
Anyone holding a SOL perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the SOL funding page.