Solana flashes early reversal signs; $124 support in focus as rate-cut odds rise

Solana’s chart points to a potential shift as RSI and volume improve and price pushes above a descending channel. Buyers are active, but a confirmed higher high has yet to form. The $124 level is pivotal, with risks toward $115 or $106 if it breaks, while expectations of a Federal Reserve rate cut continue to guide sentiment.