Solana's price is currently testing the $76 demand zone, with potential to rebound to $85-$88 if support holds. Analysts highlight a weekly megaphone pattern, indicating possible sharp price swings. The long/short ratio remains bearish, suggesting a risk of breakdown but also potential for a short squeeze. Trader Tardigrade notes Solana's price is nearing the lower boundary of a megaphone structure, which could act as a decision zone. A strong hold at this level may trigger a rebound, though the pattern's volatility requires confirmation for a sustained move. Meanwhile, Alpha Crypto Signal and CryptoPulse emphasize the importance of the $76 support zone, with a possible bounce to $85-$88 if it holds. Man of Bitcoin's Elliott wave analysis suggests a corrective rally is possible if Solana maintains support above $61.64, with $68.02 as a key level for the next move. The long/short ratio indicates dominant short interest, raising the risk of a squeeze if Solana rebounds quickly.