$SOL /USDT

🔸 The key support zone is located between $160–$165, with technical consolidation after bounces from levels ~$162 generated at the end of June and July. SOL is currently trading close to $165–$170, reinforced by accumulation of holders and increasing institutional demand.

🔹 If it breaks and closes several candles above $174–$178, ideally with strong volume and confirmation of technical structure (e.g., break of bull-flag or ascending triangle), it is most likely to aim for:

🎯 $183–$190 as the next short-term target.

🔄 Extended target: $280–$300, achievable if it surpasses the psychological level of $200 and maintains technical momentum (cup-and-handle or bullish flags).

⚠️ Warning: If it fails to break, or if it retraces and loses support below $160–$158, there is a risk of falling towards $152–$150, even technical capitulation levels down to $145 or less.

✅ Should you buy back now?

If you sold near $170, you could wait for a retracement towards $162–$165 or even down to $158–$160, provided those zones show technical support before re-entering.

📌 Current recommendation:

Action Condition to do it Target Stop-loss

✅ Buy Only if it breaks and confirms above $174–$178 with solid volume $183–$190 $165–$168

🔁 Wait If it retraces to $162–$165 or even $158–$160 and shows clear support $183–$190 (→ $280–$300) $150–$152

🎯 Extended target: $280–$300, with more aggressive projections reaching up to $500 or even $6,300 in scenarios of breaking larger technical patterns like the cup-and-handle alongside institutional adoption and favorable ETFs.