Solana (SOL) Intraday Fundamental Analysis + Technical Analysis - 28 November 2025

Solana consolidates around $140 as ETF inflows cool off and technical momentum compresses. Despite yesterday’s $8.2M net ETF outflows breaking a 22-day streak, institutional repositioning (Bitwise +$13.3M, Grayscale +$10.4M) and a supportive macro backdrop keep SOL stable. Intraday direction hinges on the $142–$145 resistance band, which remains the most important decision zone for trend continuation.

1. Fundamental Snapshot, What’s Driving SOL Right Now

Key Factors

• ETF Flow Shift - 28% (Neutral)
  SOL saw $8.2M net outflows, ending a multi-week inflow streak, but positive repositioning from selected issuers offsets the pressure. Institutional support remains intact.
• Technical Breakout Setup - 30% (Bullish)
  SOL is consolidating under the $142–$145 resistance where 13M SOL previously accumulated. A breakout above this region would unlock higher targets in the mid-$150s.
• Macro Risk-On Backdrop - 25% (Bullish)
  Japan’s better-than-expected CPI and industrial output support global risk appetite, benefiting crypto assets.
• Systemic Liquidity Risk - 17% (Bearish)
  CME’s temporary outage reduced overnight liquidity. Despite being resolved, institutional activity remains lighter into the morning session, potentially slowing upside momentum until U.S. cash markets open.

MRKT Sentiment: 68 - Active Buying
Sector rotation into growth, positive crypto ETF flows, and easing Fed expectations elevate risk appetite today.

2. Technical Overview, Key Levels to Watch

Key Levels

• Immediate Resistance: $142–$145
  Break & retest = continuation toward higher highs.
• Intraday Support: $136.50
  Buyers defended this level multiple times, holds if momentum remains steady.

Trade Map (Condensed)

• Bullish Bias as long as price holds above $136–138
• Upside continuation requires clean break above $142–145
• If rejected at resistance, look for retests of support before continuation

3. Today’s Outlook

SOL remains constructive despite ETF outflows. Macro tailwinds + technical structure + active market sentiment all suggest the asset is preparing for a directional move. The $142–145 zone will determine everything: breakout = expansion, rejection = range continuation.