Solana Price Recovers Near $144 After Significant Dip: Recovery Signals Short-Term Strength

The Solana price has experienced a significant rebound after a sharp drop, trading near the $144 mark and showing signs of short-term strength. This recovery comes after a market correction triggered by decreased open interest, reflecting an unwinding of positions rather than sustained selling pressure. Traders’ activity suggests a shift from forced selling to early bullish momentum.