$SOL /USDT
🔸 Solana has rebounded from the key technical support at $155–$160, driven by significant institutional inflows via ETF (over $137.4 M in inflows since mid-July), whale accumulation, and a TVL at a three-year high. It is currently trading around $175–$180, within an upward channel reflecting a bullish trend.
🔹 If it breaks and closes several candles above $180–$183, we could see:
🎯 Short target: $195–$205, driven by renewed technical momentum and continuous flows.
🔄 Extended target: $250–$300, supported by formations such as the ascending triangle, whale accumulation, and solid fundamentals (ETF, TVL, institutional momentum).
⚠ Warning: If it does not surpass the $176–$180 zone, it could retrace to $165–$170. And if it loses key support, even down to $150–$160.
✅ Should we buy back now?
It might be wise to wait for it to consolidate above $175–$180 or retrace to $165–$170 with clear support before re-entering.
📌 Current recommendation:
Action Condition to do so Target Stop-loss
✅ Buy Only if it breaks and confirms above $180–$183 with solid volume $195–$205 $175
🔁 Wait If it retraces to $165–$170 and shows firm technical support $195–$205 → $250–$300 $160
🎯 Extended target: $250–$300, with even more ambitious projections reaching $300+ if a sustained technical breakout is confirmed with strong institutional validation.