Solana was priced at $94.28 on Binance spot on November 2, 2026, having broken through the $96 level that FXEmpire's Alejandro Arrieche identified on October 27 as a likely retest zone. Every short...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

On October 27, 2026, FXEmpire's Alejandro Arrieche wrote that "the market's depressed sentiment should push SOL down to $96 to retest key areas of support that have acted as a bouncing pad for Solana in the past." Arrieche did not attach a deadline to that call. By November 2, Solana had not only reached the level — it had pushed through it. Binance spot data places the 24-hour trading range at $93.18 to $95.97, with a session close of $94.28 and a 1.16% decline on the day. The entire session unfolded below $96, confirming the directional call while revealing that the support Arrieche described did not arrest the decline. Whether the move continues or reverses from here is a separate question from whether the prediction proved directionally correct — it did.

The moving averages derived from Binance spot daily data present a consistently bearish structure. 65 of overhead to recover, respectively. 63 echo the same alignment. The significance of that stack is not merely that prices are below each average; it is that any recovery attempt must absorb selling pressure from traders anchored to each of those levels before the intermediate trend shifts.

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