📊 $SOL TECHNICAL ANALYSIS — SOLANA BREAKS BELOW $90 AS SELLERS REGAIN CONTROL
BINANCE SPOT | NOVEMBER 6, 2026
Price: $89.28 24H Change: −6.942% 🔴 24H High: $97.08 24H Low: $88.30
📉 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.
🔹 KEY SUPPORT
• $88.30 — Immediate critical support • $88.00 — Psychological support • $86.50 — Extended downside reference
🔹 KEY RESISTANCE
• $90.57 — Immediate resistance • $93.08 — 4H EMA20 resistance • $97.08 — Major 24-hour resistance
📈 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.
📉 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.
🔎 TECHNICAL CONCLUSION
OUTLOOK: BEARISH — SUPPORT UNDER PRESSURE
Decisive range: $88.30–$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: −6.942% 🔴 24H High: $97.08 24H Low: $88.30
📉 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.
🔹 KEY SUPPORT
• $88.30 — Immediate critical support • $88.00 — Psychological support • $86.50 — Extended downside reference
🔹 KEY RESISTANCE
• $90.57 — Immediate resistance • $93.08 — 4H EMA20 resistance • $97.08 — Major 24-hour resistance
📈 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.
📉 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.
🔎 TECHNICAL CONCLUSION
OUTLOOK: BEARISH — SUPPORT UNDER PRESSURE
Decisive range: $88.30–$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