Solana Rebounds From $160—Is It a Bottom or Just a Bounce?

SOL is currently at ~$164.3, recovering after testing support near $158–$160. Futures open interest surged ~370% in July, and on-chain metrics suggest energized institutional demand. A clean daily close above $167–$171 could trigger a rally toward $185+, while a failure under $160 risks deeper correction. Structure is key—are you stacking long, waiting, or adjusting stops?

💬 Drop your strategy: BUY / HOLD / WAIT — What’s your SOL play?

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