SOL/USDT Technical Analysis — Nov 14, 2026
SOL is flashing extreme oversold signals across multiple indicators after a sharp decline from $97 to $72.90 over the past 10 days.
📊 RSI(14): 14.26
Deep in oversold territory (below 20), with the previous session reading at 17.35. RSI is still declining, which signals sellers remain in control short-term. However, readings this low historically precede sharp relief bounces or at minimum a consolidation phase.
📉 MACD(12,26,9): Bearish
• MACD Line: -6.69
• Signal Line: -5.35
• Histogram: -1.34 (widening)
The MACD histogram has expanded for three consecutive sessions (-0.87 → -1.01 → -1.34), confirming accelerating bearish momentum. The MACD line remains well below the signal line with no crossover in sight yet.
⚠️ Divergence: No bullish divergence confirmed yet. Price and RSI both declined in tandem over the last 3 sessions, confirming ongoing distribution.
🔑 Key Levels (10-Day Range)
• Resistance: $97.10
• Support: $71.93 (current test zone)
SOL is testing the $71.93 support floor right now. A close below this level opens the door to deeper downside.
🔭 Near-Term Outlook
Path of least resistance remains lower while MACD histogram expands. Watch for RSI to bottom and curl upward as a first sign of exhaustion. Reclaiming $78–$80 would be an early recovery signal. Wait for confirmation before calling a bottom.
#SOL #Solana #CryptoTrading #BinanceSquare #TechnicalAnalysis
SOL is flashing extreme oversold signals across multiple indicators after a sharp decline from $97 to $72.90 over the past 10 days.
📊 RSI(14): 14.26
Deep in oversold territory (below 20), with the previous session reading at 17.35. RSI is still declining, which signals sellers remain in control short-term. However, readings this low historically precede sharp relief bounces or at minimum a consolidation phase.
📉 MACD(12,26,9): Bearish
• MACD Line: -6.69
• Signal Line: -5.35
• Histogram: -1.34 (widening)
The MACD histogram has expanded for three consecutive sessions (-0.87 → -1.01 → -1.34), confirming accelerating bearish momentum. The MACD line remains well below the signal line with no crossover in sight yet.
⚠️ Divergence: No bullish divergence confirmed yet. Price and RSI both declined in tandem over the last 3 sessions, confirming ongoing distribution.
🔑 Key Levels (10-Day Range)
• Resistance: $97.10
• Support: $71.93 (current test zone)
SOL is testing the $71.93 support floor right now. A close below this level opens the door to deeper downside.
🔭 Near-Term Outlook
Path of least resistance remains lower while MACD histogram expands. Watch for RSI to bottom and curl upward as a first sign of exhaustion. Reclaiming $78–$80 would be an early recovery signal. Wait for confirmation before calling a bottom.
#SOL #Solana #CryptoTrading #BinanceSquare #TechnicalAnalysis