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Solana Eyes Next Leg Up After Higher Low

Solana pulls back but forms a higher low—$158–$172 could be next.

  • 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.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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