Solana Price Rebound Potential
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Solana price todayCoinGape
•Business
Business & Economics
Solana Price Hits Extreme Oversold Levels After 40% Crash, Will SOL Recover?

60% Informative
Solana price is down by 40% over the past month , with the crash causing panic selling that has pushed SOL to extremely oversold levels.
Traders are selling Solana at the same pace they did during the FTX collapse in 2022 , raising speculation over whether the altcoin faces further downside or a price recovery lies ahead.
Technical indicators suggest that the bearish momentum still persists, which may derail a recovery in the near term.
SOL price today trades at $ 141 with a marginal increase of 1% .
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