Solana price risks a dead cat bounce as recent rally lacks volume

cryptonews

Feb 07

Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce. Summary $70 high-timeframe ...

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2609751349"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609751349\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609751349?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-07 01:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609751349","market":"sg","top_or_hot":-1,"title":"Solana price risks a dead cat bounce as recent rally lacks volume","media":"cryptonews","content":"<div>\n<p>Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce.\n\n\nSummary\n\n\n\n$70 high-timeframe ...</p>\n\n<a href=\"https://crypto.news/solana-price-risks-a-dead-cat-bounce-as-recent-rally-lacks-volume/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolana price risks a dead cat bounce as recent rally lacks volume\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-07 01:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/solana-price-risks-a-dead-cat-bounce-as-recent-rally-lacks-volume/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce.\n\n\nSummary\n\n\n\n$70 high-timeframe ...</p>\n\n<a href=\"https://crypto.news/solana-price-risks-a-dead-cat-bounce-as-recent-rally-lacks-volume/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7105","symbol_name":"多领域控股","start_time":0,"source_url":"https://crypto.news/solana-price-risks-a-dead-cat-bounce-as-recent-rally-lacks-volume/","article_id":"2609751349","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/solana-price-risks-a-dead-cat-bounce-as-recent-rally-lacks-volume/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2609751349","pubTimestamp":1770400224,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce.$70 high-timeframe support triggered the bounce, but structure remains bearish. Price is entering major resistance near $87, with VWAP and Fibonacci confluence. Low volume weakens the rally, raising rejection and downside rotation risk. Solana  price action has staged a short-term recovery after respecting a major high-timeframe support zone near $70. While the bounce has provided brief relief following sustained selling pressure, the broader technical picture suggests caution is warranted.The recent advance has occurred on below-average volume and is now approaching a dense cluster of resistance, increasing the probability that this move may be corrective rather than the start of a sustained trend reversal.As Solana trades higher into key technical barriers, market participants are closely watching whether buyers can gen","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7105":"多领域控股","SOL.AU":"WASHINGTON H. SOUL PATTINSON","BK7083":"煤与消费用燃料"},"translate_title":"由于近期反弹缺乏成交量，Solana价格面临死猫反弹的风险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOL.AU":1},"content_text":"Solana’s price has rebounded from key support, but weak volume and heavy overhead resistance raise the risk that the current rally is only a temporary dead cat bounce.\n\n\nSummary\n\n\n\n$70 high-timeframe support triggered the bounce, but structure remains bearish\nPrice is entering major resistance near $87, with VWAP and Fibonacci confluence\nLow volume weakens the rally, raising rejection and downside rotation risk\n\n\n\nSolana (SOL) price action has staged a short-term recovery after respecting a major high-timeframe support zone near $70. While the bounce has provided brief relief following sustained selling pressure, the broader technical picture suggests caution is warranted. \nThe recent advance has occurred on below-average volume and is now approaching a dense cluster of resistance, increasing the probability that this move may be corrective rather than the start of a sustained trend reversal.\nAs Solana trades higher into key technical barriers, market participants are closely watching whether buyers can generate enough momentum to shift structure, or whether sellers will reassert control and rotate price back toward recent lows.\nSolana price key technical points\n\n$70 high-timeframe support has held, triggering a short-term bounce\nCurrent price is entering major resistance confluence, including VWAP and Fibonacci\nLow volume undermines the rally, increasing dead cat bounce risk\n\nSOLUSDT (1H) Chart, Source: TradingView\nFrom a higher-timeframe perspective, the $70 level has proven to be a significant area of demand for Solana. This zone has acted as a structural support level, and the recent defense of this region allowed price to stabilize and push higher on the intraday timeframe. Following the bounce, Solana reclaimed its local point of control, signaling short-term acceptance and encouraging a brief bullish reaction.\nHowever, while the bounce itself is technically valid, it must be viewed within the context of the broader trend. Solana remains in a bearish market structure, and isolated rallies from support do not automatically imply a trend reversal, particularly when other confirming signals are absent.\nResistance confluence caps the upside\nAs the price moved higher, Solana is now trading into a well-defined resistance zone around the $87 region. This area represents a significant confluence of technical factors, including the value area high, VWAP-based resistance, and the 0.618 Fibonacci retracement of the prior decline. Together, these levels form a supply zone where sellers are likely to become active.\nHistorically, when price rallies into such confluence zones without strong volume confirmation, the probability of rejection increases. This is especially true in bearish market environments, where rallies often serve as opportunities for distribution rather than accumulation.\nWeak volume signals fragile rally\nOne of the most important concerns surrounding the current Solana rally is the lack of bullish volume. Despite the price moving higher, participation has remained below average, suggesting that large buyers have not meaningfully stepped in. In healthy trend reversals, a rising price is typically accompanied by expanding volume, reflecting growing demand and conviction.\nIn this case, the lack of strong volume suggests the move higher may be driven by short-covering or opportunistic buying rather than sustained accumulation. This dynamic aligns closely with the characteristics of a dead cat bounce — a temporary recovery within a broader downtrend that ultimately fails.\n\n\n\n\n\n                You might also like:\n            \n\n                Responsible PR in Web3: Why public communication and compliance matter from day one            \n\nBearish structure remains intact below resistance\nAs long as Solana remains below the current resistance cluster, the broader bearish market structure remains unchanged. Failure to reclaim and hold above this zone would keep downside rotation as the higher-probability scenario. A rejection from resistance would likely send the price back toward the $70 support, setting up a potential retest of that level.\nRepeated tests of support often weaken demand, increasing the risk of a breakdown if buyers fail to defend the zone convincingly. As a result, how price reacts to any return to $70 will be critical in determining whether Solana can stabilize or if further downside is likely.\nWhat to expect in the coming price action\nFrom a technical, price action, and market structure perspective, Solana’s current rally appears vulnerable. The combination of low volume and heavy resistance overhead suggests that downside risk remains elevated. A rejection near current levels would favor a rotation back toward $70, keeping the bearish structure intact.\nFor the outlook to improve meaningfully, Solana would need to break above resistance with strong volume confirmation and sustain acceptance at higher value. Until that occurs, traders should treat the current move cautiously and remain focused on price behavior as Solana navigates this critical resistance zone.\n\n\n\n\n\n                Read more:\n            \n\n                Why the Payments Leaders’ Summit UK April 2026 is a must-attend event","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}