Solana has just experienced a pretty violent move in recent days. It touched lows around $81, but look at it now at $92.39, up +1.32% over 24h. So that free-fall we saw a little while ago seems to have found some support.

What’s interesting is what the technical data shows. The RSI hit extreme oversold levels (12.57 according to recent reports), which historically means a rebound is coming. The MACD was in the red, but with this price move, it’s already starting to turn. The moving averages are also reorganizing.

While retail investors panic and sell, I’ve noticed that spot ETFs are still injecting capital. That’s always an interesting sign when prices are in free fall. Institutional players seem to be taking advantage of the fear.

Now the market is split: some think it will return to $100 soon, while others see more potential free fall toward $75. Honestly, with this kind of volatility, you need a clear plan before you enter. Most people lose money when they trade without a strategy during moves this abrupt.

What do you see? Are you viewing this as an opportunity, or do you prefer to wait until it stabilizes more? These moves always leave doubts.