Solana Falls Below $165 as Key Support Collapses – 11/11/2025
Solana (SOL) slipped past the $165 support level on Tuesday amid selling pressure, underperforming the broader crypto market during a volatile session.
According to CoinDesk Research’s technical analysis, SOL dropped 3.1%, falling from $169.54 to $164.30. The token’s decline followed repeated rejections above $170, forming a clear downtrend. Trading volume spiked 58% above the daily average, with the most notable activity at $163.85, signaling intensified selling interest. The session’s $8.06 range reflected elevated volatility of nearly 5%.
Price action showed a brief recovery from $164.07 to $164.97 that quickly reversed to $163.46, highlighting weak bullish momentum. The breakdown was driven mainly by profit-taking and technical selling, with mixed institutional flows contributing to uneven market support.
Technical Outlook
SOL’s next critical support lies at $163.50, while resistance holds near $170.50. Lower highs at $170.48 and $171.92 confirm the prevailing bearish trend. A sustained move below $163.50 could open the way to the $160 psychological level.
Market Context
The CoinDesk 5 Index (CD5) fell 1.63% to $1,821.19, trading in a $52.78 intraday range. Overnight institutional buying provided temporary support near $1,817, but the overall trend remained pressured by elevated volatility and technical weakness.
