🟣 Solana RSI Warning: SOL Chart Mimics 2022 Bear Market Setup Solana is trading near $84.27, while its weekly RSI stands at 35.8, according to a chart shared by More Crypto Online. The RSI remains above the key oversold threshold of 30, but the structure still indicates weakness after SOL failed to strongly recover from recent lows. The chart compares Solana's current setup with the 2022 bear market phase, when SOL moved sideways for an extended period before eventually reaching its lowest level. More Crypto Online states that the weekly RSI now resembles that previous condition, especially after traders noted the February oversold reading as a potential recovery signal. However, analysts warn that this chart still requires confirmation. In technical analysis, an oversold RSI can indicate strong selling pressure but does not always confirm a bottom in price. Prices often need a clear upward impulse before the market structure becomes more robust. The chart shows one major oversold RSI event during the 2022 decline, when SOL then dropped toward its final bear market bottom. A similar RSI zone appears again in 2026, while SOL is trading near the lower end of its recent range. This comparison suggests that the current setup still carries risks unless buyers regain control. SOL's price also remains well below the previous cycle's peak above $200. After the recent dip, the token has moved sideways around the $80 area. This price action indicates that buyers have yet to establish a strong reversal pattern on the weekly chart. More Crypto Online states that the early 2022 comparison remains valid until Solana forms a clear impulsive move upward. This means SOL needs stronger price action, not just a low RSI reading, to confirm a recovery. For now, the weekly RSI shows an improving condition from oversold territory, but the broader structure remains cautious. A strong breakout from the current range could improve the outlook.

【$LAB Signal】Wait and see to re-enter long positions on pullbacks, high funding rate + extremely skewed bearish depth require caution $LAB 1H MACD death cross expanding, RSI 60 drops below the midline, deep imbalance -92% sell order accumulation. 4H bullish trend intact but momentum waning. Funding rate at 0.17% is extremely high, short squeeze conditions exist but need to wait for price to absorb sell orders. 🎯Direction: Wait and see (re-enter long on pullbacks) ⚡Entry/Order: 2.023 - 2.684 (recommended range) 🛑Stop loss: 1.527 🚀Target 1: 3.016 🚀Target 2: 3.512 🛡️Trade management: - Execution strategy: Place order at the lower boundary of the range at 2.023 for entry, if the price breaks directly above 2.684, cancel and wait. Upon reaching Target 1, reduce position by 50%, move stop loss up to the entry point. Current price at 2.697 is close to the upper boundary of the order range, chasing longs directly offers poor risk-reward. From the 4H perspective, the upper Bollinger Band around 3.0 faces resistance, making short-term oscillation more likely. If the price pulls back to the 2.0-2.2 zone, the active buying interest below needs to be reassessed. Check real-time market 👇 $LAB --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL

🟣 Solana RSI Warning: SOL Chart Mimics 2022 Bear Market Setup Solana is trading near $84.27, while its weekly RSI is at 35.8, according to a chart shared by More Crypto Online. The RSI remains above the key oversold threshold of 30, but the structure still indicates weakness after SOL failed to strongly recover from recent lows. The chart compares Solana's current setup with the 2022 bear market phase, when SOL moved sideways for an extended period before eventually reaching its lowest level. More Crypto Online states that the weekly RSI now resembles that previous condition, especially after traders noted the oversold reading in February as a potential recovery signal. However, analysts warn that this chart still requires confirmation. In technical analysis, an oversold RSI can indicate strong selling pressure but does not always confirm a price bottom. Prices often need a clear upward impulse before the market structure becomes more robust. The chart shows one major oversold RSI event during the 2022 decline, when SOL then dropped toward its final bear market bottom. A similar RSI zone appears again in 2026, while SOL is trading near the lower end of its recent range. This comparison suggests that the current setup still carries risks unless buyers regain control. SOL's price also remains well below the previous cycle's peak above $200. After the recent dip, the token has moved sideways around the $80 area. This price action indicates that buyers have not yet created a strong reversal pattern on the weekly chart. More Crypto Online states that the early 2022 comparison remains valid until Solana forms a clear impulsive move upward. This means SOL needs stronger price action, not just a low RSI reading, to confirm a recovery. For now, the weekly RSI shows an improving condition from oversold territory, but the broader structure remains cautious. A strong breakout from the current range could improve the outlook.