Solana (SOL) Needs 15% Bounce After Multi-Year Support Retest, Recovery Ahead?

Amid the market correction, Solana (SOL) has reclaimed the $100 mark after dropping below this crucial support for the first time in over a year. However, some analysts consider a 15% bounce toward a key historical support is necessary to target higher levels. Related Reading: Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels Is Solana Bull Run Over? Solana hit a 14-month low on Monday after falling 20% in 24 hours, momentarily trading around the $95 mark for the first time since February 2024. After the correction, SOL bounced around 18% to $112 before retracing toward the $100-$110 price range source: https://www.newsbtc.com/news/solana-sol-needs-15-bounce-after-multi-year-support-retest-recovery-ahead/