Solana price falls below $90: Can oversold RSI bring relief?

Solana price has fallen below $90, leaving buyers defending the latest November low while oversold daily momentum offers a possible opening for a rebound. Summary SOL traded below $90 after giving back its latest recovery toward $97. Daily RSI fell to 28.89, while Aroon readings continued to favor sellers. Weekly Supertrend support stood at $84.39, below the latest price. Recovery hurdles remain around $93, $95, and $98 before the $100 level. TradingView’s Binance SOL/USDT daily chart showed SOL at $89.47 at 7:22 p.m. UTC on Nov. 5, down 6.42% during the unfinished session after touching $88.76. The latest decline follows several failed attempts to recover ground lost since late September. As crypto.news previously reported, SOL reached $124.62 on Sept. 27 before falling below $120. Compared with that peak, the latest daily chart price represents a decline of approximately 28.2%. October’s earlier support areas have since given way. SOL was trading near $104.47 on Oct. 16, when the weekly support near $99 remained beneath price. By Oct. 29, the token had slipped below $100, leaving the September recovery increasingly dependent on lower support levels. Solana’s oversold RSI meets a ...