$SOL Rebounds from Support – Bullish Continuation in Play 🚀🔥
Solana (SOL/USDT) has bounced decisively from the $161.60 demand zone, signaling strong buyer interest after a controlled pullback. This rebound confirms that bulls are still in charge, defending key support levels with conviction. The price is now regaining upward momentum, pointing toward a potential move toward the $181.47 resistance zone — a 10% increase from the previous target.
Market structure remains bullish as long as SOL holds above $161.60, offering traders a clean risk-to-reward setup for short-term and swing positions. The rebound is supported by improving market sentiment, healthy volume patterns, and a broader crypto market push.
📌 Trade Setup ($SOL ):
Entry: $162.83
Stop Loss: $161.57
Target: $181.47
💡 Pro Tip: Watch for sustained buying volume to confirm momentum. A decisive close above mid-range levels could accelerate the push toward $185+, opening the door for extended gains if market conditions remain strong.
$SOL is holding its bullish flag — and if momentum continues, higher highs could be just around the corner. 📈