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SOL/USDT | Solana Correction Could Spark Rally to $262 (READ)

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By analyzing the Solana chart on the daily timeframe, we can see that the price has continued its correction and is now trading around $194. As you can see, it’s getting close to the $173–$186 demand zone, and we need to watch whether this zone can trigger new buying pressure.

Personally, I expect a strong reaction from this area. If the price stabilizes here and shows the first signs of growth, the possible upside targets will be $205, $230, $242, $254, and $262.

Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !

Best Regards , Arman Shaban
Trade ativo
Solana dipped to around $190, perfectly testing the lower part of the demand zone, before bouncing back strongly. It’s now trading near $205, showing clear signs that buyers are stepping back in.

The main analysis remains fully valid: holding above the $173–$186 demand zone keeps the bullish outlook intact. As long as price stabilizes here, the next upside targets are $230, $242, $254, and $262.

This reaction confirms once again how powerful demand zones can be.

snapshot
Trade fechado: objetivo atingido
After bouncing strongly from the $190 demand zone, Solana has extended its rally and is now trading around $220. This confirms the bullish reaction we expected from the zone and shows buyers remain firmly in control.

The main outlook remains valid: as long as SOL holds above the $173–$186 demand zone, the bullish wave can continue toward the next upside targets at $230, $242, $254, and $262.

Step by step, Solana is respecting the analysis and moving closer to higher resistance levels.

snapshot
Nota
By analyzing the #Solana chart on the daily timeframe, we can see that the price has already climbed to $227, hitting the $205 target and nearly reaching $230.
With the current momentum, I expect further bullish movement. The next upside targets are $242, $254, and $262.

snapshot
Nota
Solana extended its rally up to $238, slightly below the resistance zone, before pulling back to around $228. This minor correction looks healthy and aligns perfectly with the main bullish structure.

The overall analysis remains valid: as long as SOL stays above key supports, the next upside targets remain at $242, $254, and $262. The trend is still bullish, and this consolidation could prepare the ground for another leg up. ✅

#Solana #SOL #Crypto #Trading #ArmanShabanTrading

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