Solana has stayed under persistent pressure following a lengthy downturn
that started long before the latest bout of market weakness.
The steady slide chipped
#KevinWarshNominationBullOrBear away at confidence, leading major investors to rethink and shift their positions.
Solana’s price has been under pressure lately, and technical
#xAICryptoExpertRecruitment indicators suggest the token may be entering oversold territory.
For some traders, that’s often a sign a short-term rebound could be
$BTC brewing, especially if selling momentum
starts to cool and buyers step back in looking for a bargain.
Historically, SOL has
#xAICryptoExpertRecruitment shown a tendency to bounce sharply once panic-driven selling fades.
#USIranStandoff That said, oversold signals alone don’t guarantee a recovery.
Broader market sentiment, liquidity conditions, and any negative
#AISocialNetworkMoltbook news tied to the network or the wider crypto space could keep prices weighed down. If confidence remains fragile,
Solana could still see further downside before finding a more stable base.
The next move likely depends on whether buyers can defend key
support levels and turn momentum around. A sustained pickup in volume and on-chain activity would strengthen
#xAICryptoExpertRecruitment the case for a rebound.
Without that confirmation, price action may stay choppy, with the risk of another leg lower still very much on the table.
$ETH