The post SOL Price Prediction: Oversold Bounce Targets $105-110 by Mid-February appeared on BitcoinEthereumNews.com.

Lawrence Jengar
Feb 05, 2026 09:57

Solana trades at $92.56 with RSI at oversold 25.19 levels. Technical analysis suggests potential bounce to $105-110 range within 10 days if key support holds.

SOL Price Prediction Summary • Short-term target (1 week): $105-110 • Medium-term forecast (1 month): $95-125 range• Bullish breakout level: $118.90 (SMA 20) • Critical support: $85.05 What Crypto Analysts Are Saying About Solana While specific analyst predictions are limited for the current market cycle, historical forecasts from early January provide context. According to blockchain analytics, earlier predictions from Rebeca Moen targeted $150 levels when SOL was trading significantly higher at $138.95, while Darius Baruo suggested $162 potential within three weeks. However, these forecasts preceded the current correction phase. According to on-chain data platforms, Solana’s technical positioning has shifted dramatically from those earlier bullish calls. The current oversold conditions present a different risk-reward scenario than the optimistic targets suggested in early January. SOL Technical Analysis Breakdown The SOL price prediction landscape has changed significantly with Solana trading at $92.56, down 4.85% in the last 24 hours. The RSI reading of 25.19 indicates severely oversold conditions, historically suggesting potential for a technical bounce. The MACD indicator shows bearish momentum with a reading of -10.0119, though the histogram at 0.0000 suggests the selling pressure may be stabilizing. Solana’s position within the Bollinger Bands at 0.0502 indicates the price is hugging the lower band at $89.62, with the middle band (20 SMA) at $118.90 serving as a key resistance level. Key moving averages paint a bearish picture with SOL trading below all major averages: 7-day SMA at $101.58, 20-day SMA at $118.90, 50-day SMA at $126.48, and the critical 200-day SMA at $168.44. The immediate resistance sits at $96.81, while strong resistance emerges at…

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Filed under: News - @ February 6, 2026 11:27 am