Solana’s stock is trying to rebound from a key support level, but it still awaits price confirmation:

The Solana pair (SOLUSD) shows early signs of recovery after finding strong support around the 60 level, where it is possible that the fifth wave of an impulse wave within wave C of the larger ABC correction has already been completed. The latest breakout above bearish channel resistance is an encouraging sign, but it is still necessary to see sustained movement above the 100 level to confirm the start of a larger bullish reversal.

The SOLUSD daily chart
At present, there remains the possibility of a final short-term dip toward the 50 zone, which could complete the wedge pattern in wave C before a clearer rebound begins. Until then, traders should stay cautious and wait for additional confirmation.
$SOL ‌