SOLUSDT Correction Deepens: 109 Support Test

SOLUSDT Correction Deepens: 109 Support vs. Intact Weekly Uptrend — Oct 10

Solana closed at 110.29 and the correction deepened — three straight downside calls resolved as misses, and the 6H CMF at minus 22 is the deepest distribution reading we track, finally overpowering the still-bullish weekly structure. Everything now hinges on the 108.5-109 support cluster where the daily 50-day MA meets the 12H 100-period MA; a reclaim of 112-113 with positive 6H CMF flips us back to the long side. With US CPI due Oct 14 and over $2 billion in weekly liquidations we run reduced size and stay patient. #Solana #SolanaPriceAnalysis #SOLUSDTMarketAnalysis #SOLUSDTPricePrediction #TechnicalAnalysis #CryptoTrading #MacroAnalysis #FederalReserve

Solana closed around 110.3 today, down sharply from the 121.7 level we tracked just five days ago and roughly 5% below the 115.9 close from our last session. The 24H and 48H calls from that run both resolved as a miss: price broke below the 111-114 bear band on Oct 8 and then the 108-113 zone on Oct 9, so neither the hold nor the conditional long scenario played out. The lesson we take forward is that the intraday distribution signals — negative CMF and growing -DI dominance on the 6H and 12H frames — were carrying more weight than we credited, and the daily momentum flip has now confirmed the deeper pullback.

What changed since yesterday: the daily MACD histogram turned more negative, -DI overtook +DI on the daily, and the 12H and 6H frames are firmly in the sellers’ camp with ADX at 38.8 and 54.1 respectively. The 6H CMF sits at -22, the deepest distribution reading across our timeframes, and that is the signal we trust most right now. On the other side, the weekly structure remains intact — CMF is a healthy +16.4, +DI dominates at 32.7, and price is still well above the 15/30/45-week moving averages. We also see the daily StochRSI pinned at 2.9, deeply oversold, which historically hints at a bounce.

Near term we are watching the 108.5-109 zone, where the daily 50-day MA and the 12H 100-period MA cluster. A clean break opens the 105.6 low and then the 100 round number; a reclaim of 112-113 with positive 6H CMF would be our signal to consider the long side. With a high-importance US CPI print due Oct 14 and over $2 billion in crypto liquidations this week, we are running reduced size and staying patient.

Data chart: SOLUSDT indicator scorecard for 10 October 2026 — price 110.29 with intraday distribution: 6H CMF minus 22.11 the deepest reading, minus DI dominant on 6H 12H and daily, ADX 54 on 6H and 37 to 39 on 12H and daily, daily MACD histogram negative and daily StochRSI 2.9 deeply oversold, while the weekly stays firm with CMF plus 16.45 and plus DI 32.7 dominant — Six-timeframe scorecard: distribution confirmed, weekly still firm — click to open full size in a new tab

Data chart: SOLUSDT floor, resistance and ceiling levels for 10 October 2026 — floors at 108.89, 108.52 and 108.42, resistance at 111.8 to 113 and 115.5, ceilings at 117.9 to 118, 124.99 and 133.13 — Floors 108.89/108.52/108.42, resistance 111.8–115.5, ceilings 117.9–133.13 — click to open full size in a new tab

Data chart: SOLUSDT 24H and 48H forecast for 10 October 2026 from base price 110.29 — 24H HOLD bear 106 to 109 at 35 percent, base 109 to 112 at 45 percent, bull 113 to 116 at 20 percent; 48H conditional long from 109 with bear 103 to 107, base 108 to 112, bull 113 to 118 — 24H HOLD bands and 48H conditional long on a 108.5–109 hold — click to open full size in a new tab

AI Disclosure: This post was created with the assistance of artificial intelligence. The ideas, analysis, and opinions expressed are my own — AI was used to help compose, structure, and refine my personal notes and thoughts into the final written content. Images, videos and music featured in this post were also generated using AI tools, based on my own creative prompts and direction.

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