Solana just flashed a weekly MACD โbuyโ signalโcryptoโs favourite little green light that historically precedes rallies of 100% to 800%. Sounds divine. Also sounds like the market selectively remembering its best nights out.
Right now, SOLโs hovering in the mid-$80s, eyeing that $90โ$96 resistance like it wants to ask it out. Break that, and the chart nerds start whispering about $117โฆ maybe $130 if the triangle breakout behaves. If not, wellโwelcome back to sideways purgatory.
RSI has clawed back from 25 to 35, which is less โweโre so backโ and more โweโve stopped actively falling down the stairs.โ It has marked bottoms beforeโbut past performance in crypto is basically astrology with better branding.
The real buzzkill? Roughly 9.9 million SOL sitting around $90โ$92 cost basis. Thatโs a lot of people waiting to hit โsellโ the second they break even.
So yes, bullish signals are stacking. But until $90 flips cleanly, this isnโt liftoffโitโs ignition with commitment issues.
#MarketRebound #MACDSignal