Solana’s Reversal Setup Holds, Yet One Rising Metric Carries a 7–10% Warning

Solana has declined 13% over the past month amid broader crypto market weakness, but technical analysis suggests a potential reversal setup is forming. A bullish divergence has triggered a rebound attempt, though one rising metric warns of potential 7-10% downside risk.

• →Solana is down 13% over the past month reflecting broader crypto market weakness.
• →A bullish divergence pattern is forming on the charts suggesting potential reversal.
• →Long-term holders appear to be maintaining positions during the price decline.
• →A rebound attempt has been triggered by the bullish divergence setup.
• →One rising metric indicates potential 7-10% downside risk despite reversal signals.