Archived edition from November 2, 2026. Latest version: Solana Price Analysis: SOL Levels, Funding and Outlook
Solana starts the week at $94.64, -6.25% over the past seven days and -20.89% over 30 days. Last week’s range ran from $92.34 to $103.86. SOL trades below its 20-, 50- and 200- day exponential moving averages, which keeps the trend structure defensive.
Summary
- Trend: Bearish (price vs. EMA 20 / 50 / 200)
- Momentum: daily RSI(14) at 29.2 — in oversold territory, where selling pressure often starts to exhaust
- Volatility: average true range of $3.80 per day (4.02% of price)
- Support / resistance: $92.34 / $122.30 (30-day range)
Trend and moving averages
| Indicator | Level | SOL vs. level |
|---|---|---|
| EMA 20 (daily) | $101.34 | -6.61% |
| EMA 50 (daily) | $103.78 | -8.80% |
| EMA 200 (daily) | $97.64 | -3.08% |
The 20-day EMA is below the 50-day EMA, so short-term momentum is lagging the medium-term trend. Trading volume over the past week is +15% versus the 30-day average, showing increased participation.
Key levels to watch
| Level | Price | Distance |
|---|---|---|
| 90-day high | $124.96 | +32.04% |
| 30-day high (resistance) | $122.30 | +29.23% |
| Last week’s high | $103.86 | +9.74% |
| Last week’s low | $92.34 | -2.43% |
| 30-day low (support) | $92.34 | -2.43% |
| 90-day low | $72.35 | -23.55% |
Scenarios for the week
Upside: a daily close above last week’s high at $103.86 would put the 30-day high at $122.30 in focus.
Downside: losing last week’s low at $92.34 would expose the 90-day low around $72.35.
With a daily ATR of about $3.80, a stop placed one ATR away from entry is roughly 4.0% — use the position size calculator to size trades around that distance.
Derivatives
Perpetual funding for SOL is 0.0100% per 8 hours on OKX (longs paying shorts), with open interest of $336.84M. Funding is moderate, suggesting positioning is not stretched.
Recent Solana headlines
- Binance Hack Funds Move $101M in XRP and Stolen SOL — Bitcoin Foundation
- FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses — CoinDesk
Track SOL live on its price page and check this week’s macro events on the economic calendar.
This analysis is generated automatically from daily exchange data (Binance / OKX / Kraken) on November 2, 2026. Technical levels describe past price behaviour and are not a forecast or financial advice.
Questions traders ask
What is the Solana (SOL) outlook for Nov 2–8, 2026?
Trend: Bearish (price vs. EMA 20 / 50 / 200). Momentum: daily RSI(14) at 29.2, in oversold territory, where selling pressure often starts to exhaust.
What are the key Solana support and resistance levels?
Support is at $92.34 and resistance at $122.30 (30-day range).
How volatile is Solana in the week of Nov 2–8, 2026?
Average true range of $3.80 per day (4.02% of price).
How often is the Solana analysis updated?
Every week. BProud publishes a new weekly outlook for Solana and the other major coins, with live prices on the coins page.
