Technical analysis by Elimzo about Symbol SOL: Buy recommendation (11/28/2025)

Currently we can see how SOL is moving in the descending channel, the price didn't manage to break out a global resistant level, hence, it pulled back from this zone significantly which led to a downtrend on the chart, there is still a little space for continued fall, and I would wait for the price to reach a strong support level around of $110-$125 where I would buy SOL on my spot portfolio. Another strong indicator why SOL may grow faster than the entire crypto market is ETFs. So far we see how investors are extracting funds from SOLETFs but it's just a matter of the time when inflows will get back.