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Masao Fast News
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Solana rises 30% faces important challenges — Where will the price go next?
The price of Solana has rebounded strongly after a deep decline within the downtrend channel. After falling close to the bottom of the channel, SOL received strong support around 67 USD at the beginning of February 2026 and surged over 30%. This rally is mainly due to the buying pressure from the most optimistic retail investors.
At first glance, this bounce is quite convincing. However, SOL's price is still stuck below an important resistance area and on-chain data shows investor hesitation. The market currently faces a significant challenge: Is the buying pressure strong enough to turn this rebound into a sustainable recovery trend, or will selling pressure return to drive prices down further?
At first glance, this bounce is quite convincing. However, SOL's price is still stuck below an important resistance area and on-chain data shows investor hesitation. The market currently faces a significant challenge: Is the buying pressure strong enough to turn this rebound into a sustainable recovery trend, or will selling pressure return to drive prices down further?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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