🚀 Solana (SOL) on the rise: price storms towards $171

Today, SOL is trading around $169.05, bouncing off a strong demand zone of $155–$161. Since the beginning of August, the token has gained over 6%, but now the bulls face a crucial test — the supertrend at 4H ($171.12) and the Fibonacci level 0.382 ($171.40). Breaking through this zone could open the way to $175.8 and then to $185.

📊 Key levels for SOL

• 🟢 Support: $165 / $161.71 / $155

• 🔴 Resistance: $171.12 / $175.80 / $185

• 📈 RSI (30 min): 58.57 (moderately bullish)

• 💪 DMI (ADX): 35.75 (trend is strengthening)

• 💸 Netflow: -$9.81M

After a rapid drop below $180, the token found liquidity around $155, where the candles left long wicks — a clear signal of buyer interest. Since then, SOL has been forming a local ascending channel, but a major descending structure is still limiting growth.

🔹 Despite the positive momentum, the net capital outflow indicates profit-taking and caution among institutional players. True bullish confirmation will only come with a daily close above $171 with increased volumes.

If the bulls manage to break through this resistance zone, the next target is $175.8 (CHoCH), where a reversal occurred earlier, and above $185, the market may receive the long-awaited momentum for recovery.