š Solana ($SOL /USDT) Analysis ā Bullish Continuation within Ascending Channel
Solana is maintaining its bullish structure inside a well-defined ascending channel on the daily timeframe.
š¹ Current Price: ~$160.57
The price recently bounced from the lower boundary of the channel and the 0.618 Fibonacci level, indicating a potential trend continuation.
If momentum holds, SOL may revisit higher levels as follows:
šÆ Target 1: $188.89 ā First major resistance and mid-channel reaction zone
šÆ Target 2: $206.07 ā Channel top and key extension level