$SOL SOLANA PRICE ANALYSIS – NOVEMBER 8, 2026
Solana is currently trading around $89, facing bearish pressure as sellers remain in control.
📊 MARKET OVERVIEW
- Current Price: ~$89
- Market Trend: Bearish
- RSI (14): ~30
- Momentum: Weak
- Market Sentiment: Bearish
🎯 KEY SUPPORT LEVELS
- Support 1: $88.50
- Support 2: $84.87
- Support 3: $81.39
🚀 KEY RESISTANCE LEVELS
- Resistance 1: $90.95
- Resistance 2: $93.04
- Resistance 3: $95.76
📈 BULLISH SCENARIO:
If SOL reclaims $90.95 and holds above $93, a recovery toward $95.76 could become possible.
📉 BEARISH SCENARIO:
If SOL breaks below $88.50, further downside toward $84.87 and $81.39 may follow.
🔍 MY MARKET VIEW:
SOL remains under bearish pressure. RSI is close to oversold territory, meaning a short-term relief bounce is possible. However, confirmation above resistance is needed before considering a trend reversal.
⚠️ Trade carefully and always use proper risk management.
#SOL #Solana #Altcoins #Trading #BinanceSquare
Solana is currently trading around $89, facing bearish pressure as sellers remain in control.
📊 MARKET OVERVIEW
- Current Price: ~$89
- Market Trend: Bearish
- RSI (14): ~30
- Momentum: Weak
- Market Sentiment: Bearish
🎯 KEY SUPPORT LEVELS
- Support 1: $88.50
- Support 2: $84.87
- Support 3: $81.39
🚀 KEY RESISTANCE LEVELS
- Resistance 1: $90.95
- Resistance 2: $93.04
- Resistance 3: $95.76
📈 BULLISH SCENARIO:
If SOL reclaims $90.95 and holds above $93, a recovery toward $95.76 could become possible.
📉 BEARISH SCENARIO:
If SOL breaks below $88.50, further downside toward $84.87 and $81.39 may follow.
🔍 MY MARKET VIEW:
SOL remains under bearish pressure. RSI is close to oversold territory, meaning a short-term relief bounce is possible. However, confirmation above resistance is needed before considering a trend reversal.
⚠️ Trade carefully and always use proper risk management.
#SOL #Solana #Altcoins #Trading #BinanceSquare
