SOL price rebound: Targeting $160?
Currently, SOL has rebounded from the $126 support level to $132. To resume the upward trend, SOL needs to break through the short-term resistance level of $137.
Once this level is broken, further impact on the target of $160 will become more realistic.
Historical data shows that SOL has experienced similar consolidation between $126 and $160, which suggests that the price may rise to this range again.
In particular, in the past, SOL rebounds around $126 were usually followed by a sustained upward trend.
If SOL can maintain its current upward momentum, breaking through $137 will become an important starting point for the move towards $160. The possibility of SOL achieving this goal in the coming days is worth watching.
