Solana (SOL) Price Sinks Toward Multi-Month Lows – Time to Buy?
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TLDR SOL traded near $82.50 on November 11, down 0.89% on the day. The price is about 34% below its late-September high near $124. RSI sits at 23.41, deep in oversold territory. US spot Solana ETFs saw about $35.1 million in outflows from November 5 to 10. Support is in focus at $78 to $82, with resistance near $85 and $90 to $93. Solana (SOL) traded near $82.50 on Wednesday, November 11, down 0.89% on the day. The price has slipped since SOL broke below a major ascending trendline. SOL is now about 34% below its late-September high near $124. Selling picked up after the rejection from the $120 to $125 area. The Relative Strength Index (RSI) sits at 23.41, which is deep in oversold territory.
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