Arman

🚨 Solana Setup: Small Dip Now, Huge Pump Next?

By analyzing the $SOL chart on the daily timeframe, we can observe that the price has recently completed a healthy correction and is now trading around the $235 mark. Over the past week, Solana has gained nearly 8%, showing resilience and renewed bullish momentum. Trading volume is also strong, holding above $7 billion in the last 24 hours, which signals solid market participation. The price is still about 20% below its all-time high of around $295, leaving room for potential upside if bullish sentiment continues.

From a technical perspective, the current structure supports the idea of a short-term pullback toward the $228–$230 range, possibly even into the broader demand zone between $210–$220, which served as a strong accumulation area in the past. If buyers defend that zone again, we can expect a continuation of the upward trend. The key targets to watch in this scenario are $250, $260, and the longer-term objective around $296, which aligns with the previous all-time high region.

As long as the price holds above the $210 demand area, the overall bias remains bullish. However, any breakdown below that zone could shift the outlook to more neutral or bearish in the short term. The coming days will be important to monitor how Solana reacts to key levels, especially if Bitcoin and Ethereum remain strong and provide supportive market conditions.

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