📈 Solana (SOL/USDT) Analysis – Bullish Continuation within Ascending Channel
Solana is maintaining its bullish structure inside 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 trend continuation.
If momentum holds, SOL may revisit higher levels as follows:
🎯 Target 1: $188.89 – First major resistance and mid-channel reaction zone
🎯 Target 2: $206.07 – Channel top and key extension level