SOL/USDT Technical Analysis — Nov 10, 2026
SOL is trading at $82.31, extending a sharp downtrend from its recent 15-day high of $103.85. Price has broken below key intraday support, with the nearest demand zone now sitting at $81.34.
RSI(14): 20.38 — deeply oversold territory. RSI has been declining steadily from above 27 just five sessions ago, now approaching levels that historically precede short-term mean-reversion bounces. No bullish RSI divergence detected yet — price and RSI are both making lower lows in sync, confirming sustained selling pressure.
MACD(12,26,9): The MACD line is at -5.58, well below the signal line at -4.86. The histogram is widening to -0.72, its steepest reading over the past week. This bearish expansion signals accelerating downside momentum with no crossover in sight.
Divergence Watch: No classic bullish divergence present. Both price and RSI are trending lower in alignment — confirming this is distribution, not exhaustion.
Key Levels:
• Support: $81.34
• Resistance: $89–$90
• Extended resistance: $95–$103.85
Outlook: Momentum remains firmly bearish. RSI at 20 opens the door for a technical snap-back if sellers exhaust, but MACD shows no sign of reversal. Watch for a volume-driven base at $81 before any long setups. A close below $81 opens the path to $75–$77.
#SOL #Solana #Crypto #TechnicalAnalysis
SOL is trading at $82.31, extending a sharp downtrend from its recent 15-day high of $103.85. Price has broken below key intraday support, with the nearest demand zone now sitting at $81.34.
RSI(14): 20.38 — deeply oversold territory. RSI has been declining steadily from above 27 just five sessions ago, now approaching levels that historically precede short-term mean-reversion bounces. No bullish RSI divergence detected yet — price and RSI are both making lower lows in sync, confirming sustained selling pressure.
MACD(12,26,9): The MACD line is at -5.58, well below the signal line at -4.86. The histogram is widening to -0.72, its steepest reading over the past week. This bearish expansion signals accelerating downside momentum with no crossover in sight.
Divergence Watch: No classic bullish divergence present. Both price and RSI are trending lower in alignment — confirming this is distribution, not exhaustion.
Key Levels:
• Support: $81.34
• Resistance: $89–$90
• Extended resistance: $95–$103.85
Outlook: Momentum remains firmly bearish. RSI at 20 opens the door for a technical snap-back if sellers exhaust, but MACD shows no sign of reversal. Watch for a volume-driven base at $81 before any long setups. A close below $81 opens the path to $75–$77.
#SOL #Solana #Crypto #TechnicalAnalysis