$SOL

📈 Solana (SOL/USDT) Analysis - Continued Rise Within the Ascending Channel

Solana maintains its bullish structure within a well-defined ascending channel on the daily timeframe.

🔹 Current Price: ~ $160.57

The price recently bounced from the lower boundary of the channel and the 0.618 Fibonacci level, indicating a potential continuation of the trend.

If the momentum continues, SOL may revisit the higher levels as follows:

🎯 Target 1: $188.89 - First major resistance and reaction area of the mid-channel

🎯 Target 2: $206.07 - Top of the channel and key extension level