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I just checked the Solana chart and something interesting is happening right now. The price is hovering around $85, showing sideways movement after recently touching $88 . The curious thing is that SOL is trapped in a very tight descending wedge, according to analyst Whale Factor, which means something big could be about to happen.
Looking at the numbers, the past few days have been mixed. Although SOL rose 7% recently, it is now slightly declining. But what catches my attention is that the Awesome Oscillator is changing color, shifting from red to green, which suggests that selling pressure is weakening. This could be a sign that buyers are gaining ground.
Regarding Solana's price prediction for the next 24 hours, everything depends on whether it manages to break above $82. If it does and holds, we could see a move toward $97-$100. If it fails, it could drop down to $68. The key support zone is at $78, so that’s what we need to watch. The overall trend remains bearish for now, but this compression pattern could be the breakout point that changes everything.