SOL Breaks Key Resistance and Pulls Back, Aiming for $180 Target
SOL briefly broke through the upper boundary of the previous consolidation range, reaching a maximum resistance level of $168 (corresponding to the previous high), before entering a technical pullback on an hourly basis. Although there is short-term pressure, the daily upward trend remains solid, and after the pullback, it is expected to continue its upward momentum.
The primary target for the next phase is around $180. If market sentiment continues to improve, SOL may further challenge the important psychological level of $200. As a relatively underperforming mainstream cryptocurrency in this market cycle, SOL has a clear need for a rebound, and investors may consider adopting a staggered profit-taking strategy to lock in gains.
In terms of key resistance levels, after breaking $168, subsequent resistance will appear at $175, $186, and $200. Support below should focus on $145, with deeper defensive levels at $132, $121, and $110. Currently, SOL is in a normal adjustment phase within a trending market, and after pulling back to key support, it may experience stronger upward momentum.
