๐ $SOL TECHNICAL ANALYSIS โ SOLANA BREAKS BELOW $90 AS SELLERS REGAIN CONTROL
BINANCE SPOT | NOVEMBER 6, 2026
Price: $89.28 24H Change: โ6.942% ๐ด 24H High: $97.08 24H Low: $88.30
๐ MARKET STRUCTURE
Solana has experienced a sharp decline, losing the $92 support region and approaching its recent $88.30 low.
Price remains below its 4-hour EMA20 near $93.08. RSI(14) around 37.6 indicates weak momentum, with no confirmed bullish reversal.
๐น KEY SUPPORT
โข $88.30 โ Immediate critical support โข $88.00 โ Psychological support โข $86.50 โ Extended downside reference
๐น KEY RESISTANCE
โข $90.57 โ Immediate resistance โข $93.08 โ 4H EMA20 resistance โข $97.08 โ Major 24-hour resistance
๐ BULLISH SCENARIO
A sustained 4-hour close above $90.57 could support recovery toward $93.08.
Reclaiming the EMA20 would improve the short-term technical outlook.
๐ BEARISH SCENARIO
Failure to defend $88.30 could expose the $88 psychological level.
A confirmed breakdown below $88 would increase the possibility of further downside toward $86.50.
๐ TECHNICAL CONCLUSION
OUTLOOK: BEARISH โ SUPPORT UNDER PRESSURE
Decisive range: $88.30โ$93.08.
SOL remains vulnerable below its 4-hour EMA20. Defending $88.30 is essential to prevent further deterioration in the short-term structure.
$NEAR $BTC
#TripsSam #SOL #Solana #TechnicalAnalysis #BinanceSquare
BINANCE SPOT | NOVEMBER 6, 2026
Price: $89.28 24H Change: โ6.942% ๐ด 24H High: $97.08 24H Low: $88.30
๐ MARKET STRUCTURE
Solana has experienced a sharp decline, losing the $92 support region and approaching its recent $88.30 low.
Price remains below its 4-hour EMA20 near $93.08. RSI(14) around 37.6 indicates weak momentum, with no confirmed bullish reversal.
๐น KEY SUPPORT
โข $88.30 โ Immediate critical support โข $88.00 โ Psychological support โข $86.50 โ Extended downside reference
๐น KEY RESISTANCE
โข $90.57 โ Immediate resistance โข $93.08 โ 4H EMA20 resistance โข $97.08 โ Major 24-hour resistance
๐ BULLISH SCENARIO
A sustained 4-hour close above $90.57 could support recovery toward $93.08.
Reclaiming the EMA20 would improve the short-term technical outlook.
๐ BEARISH SCENARIO
Failure to defend $88.30 could expose the $88 psychological level.
A confirmed breakdown below $88 would increase the possibility of further downside toward $86.50.
๐ TECHNICAL CONCLUSION
OUTLOOK: BEARISH โ SUPPORT UNDER PRESSURE
Decisive range: $88.30โ$93.08.
SOL remains vulnerable below its 4-hour EMA20. Defending $88.30 is essential to prevent further deterioration in the short-term structure.
$NEAR $BTC
#TripsSam #SOL #Solana #TechnicalAnalysis #BinanceSquare