Solana seeks support and attempts to reverse

According to CryptoPotato, Solana (SOL) has found strong support at the key support level of $78 and may attempt a reversal in the next round. Recently, SOL briefly fell below $80 and quickly rebounded from the key support level. Now, buyers seem determined to continue pushing. If they succeed, this could end the current correction since late December. The increase in buying volume over the past two days also explains the recent price action and rebound. If this situation continues, bulls may have a good opportunity to challenge bears and regain control of the situation. Despite SOL's new low price, the MACD histogram on the daily timeframe shows higher lows, confirming a bullish divergence. This could be an early sign that sellers are exhausted and buyers may return. As long as the key support level of $78 remains stable, Solana has a good chance of reversing this downward trend and attempting to recover some recent losses.