Day: November 4, 2025

The post Solana Price Might Not Slide Under $155 Here’s Why appeared com. Solana (SOL) has dropped by 5. 3% in the past 24 hours, extending its 30-day losses to over 27%. It’s one of the biggest large-cap losers this week, showing how bearish pressure has intensified. But while Solana’s structure remains weak, a few on-chain and derivatives signals hint that the downside could now be limited. Sponsored Crossovers Confirm the Bearish Setup Solana’s breakdown from the rising wedge pattern confirmed the bearish turn. But the problem deepens as two bearish crossovers are forming on the daily chart. A bearish crossover happens when a short-term Exponential Moving Average (EMA), a trend indicator that gives more weight to recent prices, crosses below a longer-term one, signaling that sellers have taken control. In Solana’s case, the 50-day EMA is about to cross under the 100-day, and the 20-day is nearing a cross below the 200-day EMA. These combined crossovers usually trigger further downside before a new base forms. Bearish Crossovers Loom: TradingView . However, the broader picture suggests that while sellers dominate, signs indicate that the worst for the Solana price may be behind us. Sponsored Derivative Data Suggests a Long Squeeze-Led Drop Solana’s latest 5. 3% daily drop appears more closely linked to derivatives than to heavy holder selling. The 30-day data from Bybit alone shows that most long positions and leverage are out of play. Only $103. 9 million in long leverage remains, compared to $1. 45 billion in shorts. The massive imbalance confirms that the correction was driven mainly by a long squeeze, rather than new bearish bets. One hope for the longs remains, though. As the perpetual space is now short-specific, even the smallest of Solana price rebounds can trigger a short-squeeze. That could lead to a relief bounce, if not a.