Solana Price Prediction: RSI Hits Oversold, Risk Remains
Tech Solana Price Prediction: RSI Hits Oversold, Risk Remains Solana is trading under pressure as short-term charts point to a possible move toward $81.65, while longer-term RSI readings show historic oversold conditions. However, analysts say the oversold signal supports only a possible bounce for now, not a confirmed long-term bottom. Solana Price Faces Lower Pressure as $81.65 Level Comes Into Focus Solana traded near $84.30 on the 1-hour chart as analysts watched whether the token would extend its latest downside move toward the $81.65 area. The chart shared by MCO Global shows SOL moving below short-term resistance after failing to hold above the rising trendline. The breakdown placed attention on the next extension zones, with the 138% level near $81.65 marked as a possible downside objective. SOL 1H Chart. Source: The analysis points to $85.86 as the key level for near-term pressure. As long as SOL stays below that area, sellers may keep control of the move. A push back above resistance would weaken the bearish setup and raise the chance that the latest low already formed. The broader structure remains unclear because price action in both directions has developed through corrective moves. That makes the short-term wave count less reliable and limits confidence in a clean five-wave