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Altcoins & DeFi

Solana needs a daily close above $87.19 to open an $89.36 test

Image: The Cryptonomist

Solana price is attempting a short-term rebound, but the broader structure remains under pressure. As of November 9, 2026, SOL/USDT trades at $86.84 on Binance ‘s daily feed, while intraday feeds show $86.88. The recovery has improved momentum on shorter execution timeframes, yet it has not repaired the larger trend. Key takeaways Solana trades at $86.84, below all three daily EMAs and with a bearishly stacked hourly EMA structure. Daily RSI sits at an oversold 26.8, while hourly RSI is at 29.8, both still falling and lacking bullish confirmation. A daily close above $87.19 would open a test of $89.36; a close below $85.50 would confirm renewed downside toward $84.37.

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