Possible Satellite or Meteor

When I was very young, probably around 10 years old in the mid 1980's,
I witnessed something in the sky that I still haven't figured out. I
remember looking up and seeing at the time what I thought was a meteor.
It had a definitive head and tail and seemed to last in the sky for a
couple minutes. The thing I found odd about the sighting was the fact
it had significant size, an extremely low angle, and moved incredibly
slow. From my line of sight it couldn't have moved more than 6 inches
before slowly fading away. I'm not 100% certain about the color but I
believe it was rust-like. I'm not very knowledgeable about astronomy
so my best guess is this was a satellite re-entering the atmosphere.
Any feedback is appreciated. Thanks.

-JB