Solana Price Finds Support at $200, Potential for Rebound Looms
Solana’s price has taken a sharp turn, falling from the $260 resistance to the $200 support level. This drop aligns with the 0.618 Fibonacci retracement, a key technical level where solana has historically shown strong reversals. the Relative strength Index (RSI) is now in oversold territory, signaling that the selling pressure might potentially be easing.
