$SOL Reclaiming Momentum Amid Institutional Catalysts

​The price of Solana ($SOL) is currently trading at $86.24, holding steady after a brief period of consolidation following a recent correction. On the 1-hour chart, $SOL has successfully defended the critical support floor at $85.47, signaling that bulls are preparing for a retest of the major resistance levels.

​Long $SOL

​Entry Zone: $85.80 – $86.80

​Stop Loss (SL): $83.50

​Target 1 (TP1): $89.00
​Target 2 (TP2): $91.50
​Target 3 (TP3): $93.50

​Market Analysis
​$SOL is entering a high-volatility phase driven by several major fundamental triggers. The price bounced strongly after testing a local session low of $85.47, showing that buyers are actively stepping in near the bottom of the current consolidation block to absorb selling pressure and establish a temporary floor.

​With a recent 24-hour high sitting at $90.64, a clean structural breakout above the immediate hourly resistance zones will clear the path for a strong move back toward the higher targets.

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