Solana Breaks Downward Trendline: Is a Reversal Coming?

Solana’s price recently broke through its downward trend line on the BTC trading pair, signaling potential for an upward reversal. Traders are keeping their eyes on volume indicators to confirm if this is a genuine change in momentum. Solana’s support zone between $121 and $126 has stabilized prices, forming a possible area for accumulation as the broader downtrend eases. Increased activity from institutional investors and DeFi participants suggests a potential upside if broader market conditions improve.