Solana Drops Below Key $165 Level as Technical Support Cracks

Solana Drops Below Key $165 Level as Technical Support Cracks


According to CoinDesk Research’s technical analysis data model, solana SOL$164.46 dropped 3.1% to $164.30 during Tuesday’s session as the token broke through critical technical support levels.

SOL declined from $169.54 to $164.26 over the 24-hour period ending November 11 at 09:00 UTC, establishing a clear downtrend structure with multiple rejection points above $170.

STORY CONTINUES BELOW

Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>

Trending: Christian Writer Reveals Demonic Response She Received from AI After Asking for Editing Help

Sign me up

By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.

The selloff accelerated during Asian trading

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!