🚀 Solana (SOL) Price Analysis: Pullback Completed, Bulls Reloading for Next Move

Solana (SOL) recently faced a pullback from its local high of $205.52, a move that shook out short-term profit-takers and weak hands. But for long-term holders, this dip was nothing more than a healthy test of conviction.

🔎 Momentum Still Strong

Despite the retracement, buying demand remains strong. On the 1-hour chart, Solana’s RSI sits at 62.44, confirming that bullish momentum is still intact. This is not a trend reversal — it’s a setup for the next leg higher.

📉 Support Levels and Accumulation

Veteran traders didn’t panic-sell near the top. Instead, they used the brief dip around the $190.80 support zone as an opportunity to accumulate more SOL at discounted levels.

⚡ Why Solana Remains a Long-Term Powerhouse

Solana’s identity lies in speed, scalability, and innovation. A minor pullback doesn’t change its trajectory. In fact, the ongoing consolidation phase is building energy — a coiled spring ready for the next explosive move.

💥 What’s Next for SOL?

Once $205.52 is reclaimed with conviction, traders who exited early will likely rush back in, creating additional buying pressure. Their hesitation will ultimately fuel the rally, giving patient holders the upper hand.