Solana (SOL) Price: Oversold Signals Appear as SOL Fights to Hold Trendline Support
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TLDR SOL traded near $89.62 on Friday, November 6, after falling about 28% from its September high near $124. Solana processed about 108.27 million transactions in 24 hours, per DefiLlama. US spot Solana ETFs saw $1.18 million in net outflows on November 5, per Coinmico. Samsung Wallet now supports USDC on Solana for eligible US Galaxy users. SOL’s RSI sits at 30.06, and support is mapped at $88 to $90. Solana (SOL) traded around $89.62 on Friday, November 6, while its network kept posting heavy usage numbers. The price sits near an ascending trendline that has guided the market since June. DefiLlama data from November 6 shows Solana processed about 108.27 million transactions in 24 hours. The network also recorded 2.83 million active addresses over the same period.
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