Technical analysis by ElaraQuinn about Symbol SOL: Sell recommendation (11/7/2025)

سولانا (SOL/USDT) is currently trading around $156 after a sharp decline in recent days, making this area a strong support as buyers start to emerge again. The general trend is still bearish on the four-hour time frame, but repeated bounces from $155-156 levels indicate serious attempts by buyers to protect this range. The digital currency market was generally affected by the policies of the US Federal Reserve, as the rise in the dollar and ten-year bond yields around 4.2% made investors more cautious towards high-risk assets. However, سولانا remains strong thanks to the continued flow of funds into its ecosystem in the DeFi and NFT fields, as well as interest from large financial institutions. On this basis, SOL is likely to continue its sideways movement between $155 and $160 until its next destination is determined.