Solana Jumps Amid Market Crash… Is a Trend Reversal Beginning?
Despite the sharp market downturn, Solana (SOL) has shown a strong short-term rebound, rapidly fueling expectations over its next upside target range.
According to NewsBTC on February 14 (local time), Solana successfully defended a key support zone during Friday’s rebound, regaining short-term upward momentum. Analysts note that this movement may signal a structural reversal rather than a simple dead cat bounce, highlighting technical indicators that suggest a potential trend shift.
From a technical perspective, Solana has maintained a critical demand zone despite the recent downtrend, forming a foundation for a rebound. In particular, buying pressure emerged near a long-term support line, easing selling pressure and building a price structure conducive to a short-term trend reversal.
Market participants believe that if this support zone holds, Solana could attempt further gains toward the next resistance level. Optimism is also supported by the fact that the recently formed price pattern resembles structures seen just before strong rallies in the past.
Experts assess that Solana currently stands at a crossroads between a short-term rebound and a mid- to long-term trend reversal. If it successfully defends the key support level, additional upside potential could open. Conversely, if the support breaks down, short-term corrective pressure may intensify again.
Solana is passing through a critical inflection point that will determine its next direction depending on whether it can defend its core support zone. Market participants are closely monitoring trading volume changes and the sustainability of key technical levels while revising their response strategies.
Disclaimer: This article is for investment reference only and the publisher is not responsible for any investment losses incurred based on its content. The information should be interpreted solely for informational purposes. <저작권자 ⓒ 코인리더스 무단전재 및 재배포 금지>
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