Solana closed Monday at $123.86, testing the unified floor at $122.83 and entering a decisive 48-72 hour window where multiple cycle-timing indicators point to seller exhaustion rather than continued downside. This compressed structure creates a rare high-conviction opportunity for tactical traders who strictly respect risk parameters.
This divergence between short-term panic and long-term institutional accumulation creates the foundation for sustainable recovery. Price sits comfortably above the ninety-period weekly moving average at three thousand forty-eight dollars, confirming this correction represents a buying opportunity within an intact bullish structure rather than a trend reversal.
Our forecast centers on the 270-295 range as the battleground for the next 48 hours, with a bias toward downside continuation unless we see decisive reclamation of 285 with strong volume. Traders should watch for potential short-term bounces from extreme oversold conditions but maintain awareness that the structural bearish setup remains valid until price reclaims and holds above 300, the level we've consistently identified as the bullish invalidation point.
22 May 2025 | Market Pulse“Rising momentum, fading steam, and potential runners — what comes next?”
