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Solana needs sustained bullish momentum and to break resistance for recovery, says analyst.

Analyst Insights
07 Nov 2026, 12:31 WIB
Tokenpost
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Neutral
Solana needs sustained bullish momentum and to break resistance for recovery, says analyst.

Crypto analyst Alex Marzell stated that Solana (SOL), a blockchain network for digital assets and applications, requires sustained bullish momentum and a move above local resistance levels to recover. However, he did not specify a timeframe for when these conditions might be met. This highlights the importance of market strength and overcoming resistance for Solana's price rebound.

Following the analyst's view on Solana's need for momentum and resistance breakthrough, Solana on Pluang trades at Rp1.623.342 as of Nov 07, 2026 17:51 WIB, showing a slight 0.24% decrease over the past day. The platform records a market cap of Rp960,12T and a 24-hour trading volume of Rp32,93T, with a majority of 64% buy orders and an average holding period of 72 days among investors.

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