$SOL Short-term Weakness or Hidden Accumulation?

Solana is facing slight downward pressure, trading at $165.80 (-2.62%) after bouncing from a 24-hour low of $164.01.

Bulls need stronger momentum and trading volume to turn this into a meaningful upward trend.

If $SOL holds the support area at $164, a rebound towards $170 is possible — but a drop below $164 could accelerate selling pressure.

Traders should monitor for confirmation of a higher low or an increase in trading volume before entering long positions.

Trade Setup:

Entry: $165.00 – $166.00

Targets

1: $168.50

2: $171.00

3: $174.00

Stop Loss: Below $163.50

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