- Solana is forming a bullish higher low pattern.
- Price pulled back with the broader market dip.
- Upside targets between $158 and $172.
Solana Cooling Off Before the Next Move
After a strong rally, Solana (SOL) recently pulled back alongside the broader crypto market. But this dip might be more of a setup than a setback. Current price action suggests that Solana is forming a higher low — a bullish signal often seen before another move upward.
This consolidation phase could mark the beginning of Solana’s next leg up, with traders targeting the $158 to $172 zone as the next resistance range.
Market Structure Remains Bullish
Despite the short-term correction, Solana’s market structure remains intact. Higher lows signal that buyers are still stepping in earlier during dips, showing continued strength.
As long as SOL holds above key support around the $135–$140 range, the bullish thesis remains valid. Volume has slightly cooled, but indicators are showing momentum rebuilding — a good sign for bulls eyeing higher targets.
Price Targets to Watch
If Solana continues to hold its higher low and the broader market stabilizes, analysts see potential upside toward the $158 to $172 resistance zone. These levels were key reversal points during past rallies and could now serve as short-term profit zones.
Beyond $172, a clean breakout could bring $180+ into play. But for now, all eyes are on whether SOL can sustain its current structure and break above near-term resistance.
