Solana Price Tests Key Support at $67

Solana's price has been declining from its recent high near $78 and is now approaching a critical support level at around $67. According to technical analysis, this could be a sign that Solana is forming a long-term bottom similar to its 2022-23 accumulation phase.

The bullish RSI divergence indicates weakening downward momentum, but confirmation of a trend reversal requires Solana to reclaim resistance between $95 and $100.

A failure to hold $67 could lead to further declines towards $62-$63. Investors should watch for a clear bounce at $67 and a move above short-term resistance to signal a potential recovery.