$SOL solana' s recent price movement is driven by a classic market reset after a sharp correction, rather than weakness in the project itself. After peaking near the $106 zone, SOL experienced heavy sell pressure that flushed out short-term traders and weak hands, creating a fear-driven drop toward a major demand area around $88–$90. This type of move is common in strong assets before renewed upside, as large players use high-volume selloffs to accumulate positions at discounted levels. Fundamentally, Solana continues to show strong network activity across DeFi, NFTs, and high-speed applications, keeping long-term confidence intact and attracting buyers whenever price reaches key support zones.

From a technical perspective, the chart is now flashing extreme oversold conditions, with RSI near historical reversal levels — a zone that has often preceded strong relief rallies. Price has also reacted sharply from a well-defined support region, signaling that buying interest is stepping in aggressively. The combination of panic volume, exhausted sellers, and support defense typically leads to rebound pumps as momentum shifts back in favor of buyers. As long as SOL holds above the current support range, the structure favors a recovery toward higher resistance levels, making this move a textbook example of smart-money accumulation followed by a technical bounce.

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SOLUSDT

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