The post Solana Price Recovery Keeps Failing Due To This One Reason appeared on BitcoinEthereumNews.com. Solana price has been struggling to find a lasting footing. It’s up 1% in the past 24 hours but still down nearly 31% over the past month. The early-November crash briefly pushed SOL near $146 before a minor rebound followed — only to lose strength again. This pattern has become familiar: each attempt to recover fades quickly. The reason is simple — the balance that drives sustainable recovery still isn’t there. Sponsored Sponsored The Market Balance Tilts Towards Bears as Selling Pressure Returns Solana’s technicals and on-chain data both show an uneven setup between buyers and sellers. The Exponential Moving Average (EMA), which smooths price data to show trend direction, now indicates that a bearish setup is forming. The 50-day EMA is approaching a crossover under the 100-day EMA, a move that typically signals that buyers are losing control. Adding to this imbalance, the On-Balance Volume (OBV), which measures whether trading volume supports price direction, remains trapped under a descending trendline. Each time OBV touched or neared that line, Solana saw only short-lived rebounds before sellers regained control. The last few examples occurred between October 12 and November 2, none of which were successful. Growing Solana Price Weakness On Daily Chart: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Exchange data also points to this shift in balance. On November 4, net exchange flows were –293,015 SOL, meaning tokens were being moved off exchanges. Sponsored Sponsored By November 5, the figure had flipped to 17,649 SOL flowing back in — a 106% shift from outflows to inflows, signaling renewed selling pressure. Selling Pressure Spikes: Glassnode The return of exchange inflows means that retail and traders are once again offloading tokens. Until this dynamic flips, with sustained outflows and rising OBV, Solana’s balance stays… The post Solana Price Recovery Keeps Failing Due To This One Reason appeared on BitcoinEthereumNews.com. Solana price has been struggling to find a lasting footing. It’s up 1% in the past 24 hours but still down nearly 31% over the past month. The early-November crash briefly pushed SOL near $146 before a minor rebound followed — only to lose strength again. This pattern has become familiar: each attempt to recover fades quickly. The reason is simple — the balance that drives sustainable recovery still isn’t there. Sponsored Sponsored The Market Balance Tilts Towards Bears as Selling Pressure Returns Solana’s technicals and on-chain data both show an uneven setup between buyers and sellers. The Exponential Moving Average (EMA), which smooths price data to show trend direction, now indicates that a bearish setup is forming. The 50-day EMA is approaching a crossover under the 100-day EMA, a move that typically signals that buyers are losing control. Adding to this imbalance, the On-Balance Volume (OBV), which measures whether trading volume supports price direction, remains trapped under a descending trendline. Each time OBV touched or neared that line, Solana saw only short-lived rebounds before sellers regained control. The last few examples occurred between October 12 and November 2, none of which were successful. Growing Solana Price Weakness On Daily Chart: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Exchange data also points to this shift in balance. On November 4, net exchange flows were –293,015 SOL, meaning tokens were being moved off exchanges. Sponsored Sponsored By November 5, the figure had flipped to 17,649 SOL flowing back in — a 106% shift from outflows to inflows, signaling renewed selling pressure. Selling Pressure Spikes: Glassnode The return of exchange inflows means that retail and traders are once again offloading tokens. Until this dynamic flips, with sustained outflows and rising OBV, Solana’s balance stays…