Solana Signals Potential Rebound Phase as Analysts Warn of Final Downside Risk

Solana (SOL) is drawing fresh attention from technical analysts as some traders argue the broader altcoin complex may be transitioning out of a ‘selling climax’ and into a potential rebound phase—though they caution that near-term downside risk has not fully cleared.

As of Thursday 1:00 a.m. ET, Solana was trading at $78.91, up 1.39% over the past 24 hours. The token remained under pressure on a weekly basis, down 3.13%, highlighting that the market is still digesting a recent correction. Solana’s market capitalization stood at roughly $45.92 billion, giving it about 2.08% of the total…  Read more

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