Solana's price is poised for a potential rebound as it trades within an upward channel, with the Relative Strength Index (RSI) indicating consistent rebounds at support levels. Currently, Solana is near the $207 support, suggesting a possible short-term rise to the $216–$225 range, contingent on sustained volume and developer activity.
Developer engagement on the Solana network remains robust, with over 10,700 active developers, bolstering the platform's adoption and long-term demand for SOL. Key support levels are identified at $207–$210, while resistance is noted at $216, $225, and $252. A breach below $207 could see the price decline to $195 and $182.
Solana Eyes Rebound as RSI and Developer Activity Signal Strength
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