🚨 Solana Technical Outlook: Retest Toward $130 Likely?
Solana is currently trading at $153.50, and the RSI is extremely oversold, suggesting a short-term bounce toward $160 could occur to cool off the RSI. However, the 4-hour chart is forming a Death Cross, and the MACD is flashing a bearish signal.
In the coming sessions, Solana is likely to retest the $130 level if bearish momentum continues.