The post Sellers Maintacom. Solana price today trades near $154 after losing the critical $170 support level, confirming sellers remain in control. Negative netflows and falling open interest show traders reducing exposure rather than accumulating on the dip. If SOL fails to reclaim $170, downside targets shift to the $145-$150 liquidity pocket. Solana (CRYPTO: SOL) price today trades near $154 after losing the critical $170 support zone. The breakdown confirms sellers remain in control while spot outflows and softening open interest reinforce bearish momentum. All three are stacked downward and reinforcing the descending trendline from the October peak. The EMA cluster around $185 to $192 now acts as a heavy overhead barrier. Any short term bounce faces immediate selling pressure from this zone. The breakdown below $170 is the most important structural event on the chart. That level held through August and September as buyers defended every test. Losing it on strong volume confirms a decisive shift in market control. Solana now trades below the Parabolic SAR trend markers for several consecutive sessions. Historically, this has aligned with sustained downside periods and trend continuation rather than immediate reversal. If bulls cannot reclaim $170 quickly, the $145 to $150 liquidity pocket becomes the next logical destination. Spot Flows Turn Negative As Demand Weakens Data from Coinglass indicates persistent negative netflows through late October and early November. On November 7 alone, Solana recorded nearly $5 million in net outflows. This confirms that real tokens are leaving exchanges, suggesting reduced buying interest and a willingness from holders to sell into weakness rather than accumulate. Futures Market Shows Longs Unwinding Derivatives data adds a second layer of bearish confirmation.
