<ul><li>Solana (SOL) has been in a prolonged downtrend, currently trading at $139.21, down 2.05% for the day.</li><li>Technical indicators suggest a possible oversold condition, but the RSI is still below 50, indicating weak bullish strength.</li><li>The MACD is in the negative zone, signaling bearish momentum, but the flattening histogram suggests weakening selling pressure.</li><li>Key support and resistance levels to watch are $138-$130 and $150-$160 respectively. Bullish confirmation signals are needed for a potential rebound.</li></ul>

Solana Price Prediction: Is SOL Setting Up for a Reversal or More Downside?

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