Solana has rallied over 25% from its recent low of $95, following a major shift in macroeconomic sentiment.
Top analyst Bluntz suggests that Solana's recovery could mirror the length of its previous three-month downtrend, potentially entering a sustained period of upward momentum.
Solana's rebound offers relief to bulls, but key resistance levels and market sentiment will determine if the bounce will evolve into a lasting trend shift.
For a broader recovery phase, Solana needs to hold above $110, reclaim $130, and break above the 4-hour Moving Average and Exponential Moving Average.