The daily candle
Solana closed the November 2 daily candle at $91.95, down 2.70% on the day, after trading between $90.79 and $95.89. What stands out on the daily chart: 30-day closing low, RSI oversold.
Moving averages
The close of $91.95 is 9.3% below the 20-day average ($101.41).
The close of $91.95 is 15.5% below the 50-day average ($108.82).
Momentum: RSI and MACD
The 14-day RSI reads 25.7, below 30, the range usually called oversold. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -4.024 against a signal line of -3.132, 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 1.34 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 $92.98 to $109.84, and the close is below the lower band.
Over the previous 30 days the highest close was $121.52 and the lowest $94.50.
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.