Solana (SOL) Price: The Trendline Holding SOL Up Since June Is Being Tested Right Now

TLDR Solana (SOL) trades near $92.91 on Wednesday, November 4, after an intraday low of $89.73. SOL is down about 25% from its late-September high near $124. US spot Solana ETFs lost about $71.6 million between October 26 and October 30. The daily RSI sits at 29.50, just under the oversold line of 30. Analyst Jesse Olson points to a pending daily reversal candle with no confirmation yet. Solana (SOL) was trading near $92.91 on Wednesday, November 4. The token had earlier dipped to an intraday low of $89.73 before buyers pushed it back higher.