📉 Solana analysis: $91 between the $89.77 low and $93.83 ceiling — and the key level is $92.72
$SOL This is a look at the levels — not a buy or sell recommendation. Prices are from Kraken on the morning of November 4.
(1) Price structure:
• Daily trend: slightly bearish alongside the market — from today’s open around $92.72 to trading around $91
• 24-hour range between $89.77 and $93.83 — relatively narrow, with the price now closer to the low than the high
• Latest price around $91
(2) Levels:
• Support: $89.77, then the $88 to $89 zone
• Resistance: $92.72, then $93.83
• The level that decides the day: $92.72 — reclaiming it means Solana is back above today’s open, while breaking below $89.77 invalidates the resilience thesis
• Invalidation level: a 4-hour close below $89.77
(3) Derivatives:
• Funding around 0.009 percent per 8 hours — close to baseline, with no clear excess
• Solana liquidations over 24 hours were about $4.7 million, 61 percent of them longs — according to market data
(4) Flows:
• Today’s flows story is Bitcoin and Ethereum, and Solana is moving with the broader market — no Solana-specific flows are changing the picture today
(5) The two scenarios:
• Bullish: a 4-hour close above $92.72 — target: $93.83. Invalidated by a close below $92.72
• Bearish: a break below $89.77 — target: the $88 to $89 zone. Invalidated by a 4-hour close above $89.77
What does all this mean? Solana is stuck in a narrow range, and Bitcoin is the one deciding its direction today — watch $92.72 before making a call.
Quick question: do you expect Solana to get back above $92.72 today, or break below $89.77? Write “above” or “below.”
Source: Kraken — November 4, 2026
#Solana
$SOL This is a look at the levels — not a buy or sell recommendation. Prices are from Kraken on the morning of November 4.
(1) Price structure:
• Daily trend: slightly bearish alongside the market — from today’s open around $92.72 to trading around $91
• 24-hour range between $89.77 and $93.83 — relatively narrow, with the price now closer to the low than the high
• Latest price around $91
(2) Levels:
• Support: $89.77, then the $88 to $89 zone
• Resistance: $92.72, then $93.83
• The level that decides the day: $92.72 — reclaiming it means Solana is back above today’s open, while breaking below $89.77 invalidates the resilience thesis
• Invalidation level: a 4-hour close below $89.77
(3) Derivatives:
• Funding around 0.009 percent per 8 hours — close to baseline, with no clear excess
• Solana liquidations over 24 hours were about $4.7 million, 61 percent of them longs — according to market data
(4) Flows:
• Today’s flows story is Bitcoin and Ethereum, and Solana is moving with the broader market — no Solana-specific flows are changing the picture today
(5) The two scenarios:
• Bullish: a 4-hour close above $92.72 — target: $93.83. Invalidated by a close below $92.72
• Bearish: a break below $89.77 — target: the $88 to $89 zone. Invalidated by a 4-hour close above $89.77
What does all this mean? Solana is stuck in a narrow range, and Bitcoin is the one deciding its direction today — watch $92.72 before making a call.
Quick question: do you expect Solana to get back above $92.72 today, or break below $89.77? Write “above” or “below.”
Source: Kraken — November 4, 2026
#Solana
