Solana falls again, can it rebound to $180 in the future?
Can altcoins rebound as desired?
Recently, the price of Solana (SOL) has once again succumbed to bearish market pressure, falling below the $200 mark, with the current price around $180. Nevertheless, crypto analyst Ali Martinez believes that Solana may be ready for a rebound. The price is testing a key support range—$188 to $179, which was an important resistance area in multiple cycles, and after flipping, it is highly likely to become strong support.
RSI indicates oversold area: The RSI shows a current oversold signal, and historically this level has triggered rebounds, indicating that the price is about to rise. Stochastic RSI oversold: This oversold phenomenon suggests that Solana may have hit the bottom and is ready for a reversal.
Although the current market sentiment is low, the technical indicators and historical trends of SOL suggest that returning to previous peak volatility is not impossible. If the support area holds, the opportunity for a Solana rebound is approaching.
Don’t be blinded by short-term fluctuations, Brother Tang teaches you to lock in targets, advance step by step, and witness the explosion of wealth with a smile! Follow Brother Tang, and take you from confusion to freedom!
