As Solana (SOL) struggles to reclaim key resistance zones after a sharp correction, a new wave of investor interest is shifting toward AI-powered altcoins—most notably IntelMarkets (INTL) and Bittensor (TAO). While SOL battles in oversold territory, savvy traders are eyeing what could be the next breakout cycle powered by artificial intelligence and smart automation.
Solana Price Action: Will the $120 Level Hold?
Since mid-March, Solana’s price has slid over 23%, slipping from a high of $180 to a recent low near $109.89. The 4-hour chart paints a classic picture of a corrective structure, with SOL completing a five-wave impulse to $294 before entering a complex WXYXZ correction pattern.
Despite a temporary recovery to $148, bearish pressure returned, sending SOL below $110. However, signs of a bottom are starting to emerge. With RSI currently at 22.50—deep in oversold territory—technical analysts believe a bullish reversal could be imminent.
If SOL regains ground above $120, that move could trigger renewed momentum and possibly ignite a short-term breakout.
Bittensor (TAO): Double-Bottom Pattern Signals Bullish Turnaround
While Solana faces short-term headwinds, Bittensor (TAO) is flashing one of the most bullish technical setups in the market today.
TAO has formed a double-bottom pattern on the weekly chart, a classic reversal signal that often precedes explosive rallies. After failing to sustain above $743 in December 2024, TAO corrected by 70%—but now, buyers are stepping in.
At the time of writing, TAO trades around $190, down 6.3% on the week but up over 4% in the last 24 hours. Analysts are pointing to this bounce as the potential start of a new trend cycle. If momentum continues to build, Bittensor could retest its previous highs in the coming months.
IntelMarkets (INTL): AI Trading Revolution with 1,000x Leverage and $12.2M Raised
While traditional altcoins jockey for position, one AI-based crypto project is dominating presale headlines—IntelMarkets (INTL).
INTL is pioneering a smart-gen trading ecosystem, introducing AI-powered robots, dual-chain functionality (Solana + Ethereum), multichannel analysis, and an unheard-of 1,000x leverage margin. These features are designed to empower both retail and institutional traders with unmatched data insights and capital efficiency.
Here’s why IntelMarkets is turning heads:
- Raised over $12.2M in presale funding
- AI bots scan 1,000+ sources for 10,000+ assets in real-time
- Current price: $0.09
- Launch price set at $0.42 → Potential 400% ROI
- Supports trading across both Solana and Ethereum chains
With demand surging ahead of its upcoming CEX listings, INTL is positioning itself as the go-to platform for AI-powered crypto trading.
Investors Pivot from Meme Coins to Utility-Driven Projects
As meme coins lose steam and market corrections shake out weak hands, a new altcoin narrative is rising—one centered around real utility and AI innovation. Projects like IntelMarkets and Bittensor are gaining momentum as they offer more than hype: they offer infrastructure, smart tech, and growth potential.
With Solana hovering at key support, and technical setups flashing green for INTL and TAO, the stage is set for altcoin rotation in the coming weeks.
