Solana’s Crucial $165 Level: Rally or Retest Ahead?

Solana’s Crucial $165 Level: Rally or Retest Ahead?
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Solana (SOL) is at a pivotal juncture as it attempts to reclaim the $165 support level. Analysts are divided, with some predicting a massive rally while others foresee a retest of lower ranges. The altcoin’s recent surge was fueled by Solana Mobile’s global shipments of its Web3 smartphone.

  • Solana's $165 level is a key support zone with 44.4 million SOL (7.42% of supply) held here, making it a make-or-break point for price action.
  • Analysts are divided: some predict a breakout to new all-time highs, while others expect a 10% drop to $150 before a potential rally.
  • Solana Mobile's global shipments of its Web3 smartphone recently fueled a 9.6% price surge, but the altcoin has since retraced.
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