Solana's Oct. 30 low of $92.34 on Binance leaves $90 a short step away

Solana's Binance daily candle for Oct. 30 shows an open of $95.65, a high of $98.59, a low of $92.34 and a close of $94.53. That low is about $2.34 above the $90 line, and it is the closest the supplied record gets to it. The forecast still leans toward the dip not happening, though not by a wide margin. Reports indicate SOL closed below its Sept. 15 low of $95.82 on Oct. 29 and now sits on a floor at $92.50. A floor that has held so far is the main reason the $90 mark has not been reached. The mood is heavy, which is why this is not comfortable. Reports say SOL lost 14.1% in October, and spot SOL funds shed another $24.8 million on Oct. 27 and 28. Another report put SOL at $93.3 at 8:20 p.m. ET on Oct. 30, with long liquidations adding to the pressure. The fall followed a suspected Binance hack, though reports note the attacker took Ether, USDT and USDC rather than SOL. Solmate, a Solana treasury firm, said it has no Binance exposure. The window runs through 11:59 p.m. ET on Sunday, Nov. 1, and any single one-minute Binance low at or under $90 would count. That leaves a thin buffer and a couple of days of trading. Watch the $92.50 floor. A clean break below it would put $90 in play quickly.