📊 $SOL TECHNICAL ANALYSIS — SOLANA TESTS $85 SUPPORT AS MOMENTUM REMAINS BEARISH
BINANCE SPOT | NOVEMBER 9, 2026
Price: $86.82 24H Change: −2.755% 🔴 24H High: $90.01 24H Low: $85.02
📉 MARKET STRUCTURE
Solana continues to weaken following its rejection from the $90 region.
Price remains below its 4-hour EMA20 near $89.82. RSI(14) around 34.0 indicates bearish momentum and approaching oversold conditions.
The latest completed 4H candle closed at $87.47, but the current price has slipped below that level.
🔹 KEY SUPPORT
• $86.23–$86.00 — Immediate support • $85.02 — Critical 24H support • $84.00 — Extended downside reference
🔹 KEY RESISTANCE
• $87.47–$87.87 — Immediate resistance • $89.82 — 4H EMA20 resistance • $90.01–$90.57 — Major resistance zone
📈 BULLISH SCENARIO
A sustained 4-hour close above $87.87 could support recovery toward $89.82.
Reclaiming the EMA20 would provide stronger confirmation of improving short-term momentum.
📉 BEARISH SCENARIO
Failure to defend $86.00 could expose $85.02.
A confirmed breakdown below $85.02 would increase the risk of further downside toward $84.00.
🔎 TECHNICAL CONCLUSION
OUTLOOK: BEARISH — SUPPORT TEST DEVELOPING
Decisive range: $85.02–$89.82.
SOL remains under selling pressure below its EMA20. Defending the $85 region is critical to prevent further deterioration, while a sustained reclaim of $89.82 is needed to strengthen the recovery scenario.
$BTC $NEAR
#TripsSam #SOL #Solana #TechnicalAnalysis #BinanceSquare
Source: Binance SOL/USDT Spot
BINANCE SPOT | NOVEMBER 9, 2026
Price: $86.82 24H Change: −2.755% 🔴 24H High: $90.01 24H Low: $85.02
📉 MARKET STRUCTURE
Solana continues to weaken following its rejection from the $90 region.
Price remains below its 4-hour EMA20 near $89.82. RSI(14) around 34.0 indicates bearish momentum and approaching oversold conditions.
The latest completed 4H candle closed at $87.47, but the current price has slipped below that level.
🔹 KEY SUPPORT
• $86.23–$86.00 — Immediate support • $85.02 — Critical 24H support • $84.00 — Extended downside reference
🔹 KEY RESISTANCE
• $87.47–$87.87 — Immediate resistance • $89.82 — 4H EMA20 resistance • $90.01–$90.57 — Major resistance zone
📈 BULLISH SCENARIO
A sustained 4-hour close above $87.87 could support recovery toward $89.82.
Reclaiming the EMA20 would provide stronger confirmation of improving short-term momentum.
📉 BEARISH SCENARIO
Failure to defend $86.00 could expose $85.02.
A confirmed breakdown below $85.02 would increase the risk of further downside toward $84.00.
🔎 TECHNICAL CONCLUSION
OUTLOOK: BEARISH — SUPPORT TEST DEVELOPING
Decisive range: $85.02–$89.82.
SOL remains under selling pressure below its EMA20. Defending the $85 region is critical to prevent further deterioration, while a sustained reclaim of $89.82 is needed to strengthen the recovery scenario.
$BTC $NEAR
#TripsSam #SOL #Solana #TechnicalAnalysis #BinanceSquare
Source: Binance SOL/USDT Spot