What does RSI at 31 mean for Solana USD price?

RSI at 31 indicates oversold conditions, suggesting selling pressure has diminished. Historically, readings below 30 often precede bounces as traders cover short positions. However, oversold doesn't guarantee immediate recovery—the strong ADX at 51.15 means the downtrend remains powerful.

Is SOLUSD a buying opportunity at $83.30?

Market data shows SOLUSD is at an extreme technical level with multiple oversold indicators. The quarterly forecast of $116.45 suggests potential upside, but the strong downtrend (ADX 51.15) means any bounce faces resistance. Traders should wait for confirmation above $85 before considering positions.

What are the key support levels for Solana USD?

Day support sits at $82.28, with the Bollinger Band lower level at $61.60 providing stronger support. The 50-day moving average at $115.92 acts as intermediate resistance. A break below $82.28 could accelerate selling toward the $61.60 level.

Why is SOLUSD volume so low at 20.9 million?

Volume at 20.9 million is 99.5% below the 4.5 billion average, indicating reduced trading activity. Low volume during oversold conditions often signals capitulation, where weak holders exit positions. This can precede bounces as selling pressure exhausts.

What does the MACD signal for Solana USD?

MACD at -12.49 with signal line at -11.88 shows a bearish setup, though the histogram at -0.61 is less negative. This suggests momentum may be stabilizing rather than accelerating downward. A bullish crossover would require the MACD to cross above the signal line.

Crypto Insights

Solana USD Rebounds 0.51%—RSI at 31 Signals Oversold Bounce Potential

ByDanny Kontos February 20, 2026

Solana USD (SOLUSD) is trading at $83.3 as of February 20, 2026, up 0.51% in the last 24 hours after a significant pullback from its year-high of $253.21. The cryptocurrency’s technical indicators suggest why SOLUSD is showing signs of stabilization, with the RSI at 31 indicating oversold conditions that historically precede bounces. Market data shows SOLUSD volume at 20.9 million against an average of 4.5 billion, reflecting reduced selling pressure. The $46.3 billion market cap positions Solana USD as a major player in the crypto ecosystem. Understanding the current technical setup helps clarify what traders are watching as SOLUSD approaches potential support levels.