Is Solana Ready to Hit $260 Again After 33% Pullback?

Solana (SOL) is drawing attention following a recent price dip, with analysts monitoring whether the token is preparing to retest the $260 ￰0￱ short-term losses, several technical patterns are pointing to a potential move ￰1￱ participants are also watching liquidity zones and ETF filings, which may influence upcoming price ￰2￱ Watch for $260 Revisit According to Ali Martinez, Solana may be positioning for a return to the $260 ￰3￱ chart shows that the price remains within a broader upward ￰4￱ SOL has declined by 5% in the last 24 hours and over 14% in the past week, it is still respecting the current ￰5￱ press time, it traded at around $193. Solana $SOL could be looking to retest $260! ￰6￱ — Ali (@ali_charts) October 16, 2025 Notably, the chart outlines $250 to $260 as a key resistance ￰7￱ the price rises into this range but fails to hold, a retracement could take it back toward the $165 to $170 ￰8￱ level has acted as both support and resistance in previous moves and is being tracked by traders as a possible downside target.

Moreover, data shared by Bitcoinsensus shows a repeated pattern on Solana’s daily ￰9￱ past moves, 33% corrections were followed by strong ￰10￱ first recovery gained 93% and the second reached 100% . Each time, the price reversed near the lower boundary of a rising channel.) to the Securities and Exchange ￰11￱ filing is required to complete the process for listing a Solana-based exchange-traded ￰12￱ document was filed after markets closed. Meanwhile, this registration allows for the launch of a spot Solana ETF, which would provide regulated access to SOL for a broader group of ￰13￱ development is seen as part of ongoing efforts to bring digital assets into traditional financial products.