Solana Pullback Finds Purpose As Strong Hands Eye Accumulation Below $160

Solana’s recent pullback appears to be finding direction as the price drifts toward the $160 zone, a level attracting strong-handed ￰0￱ short-term weakness, sentiment around SOL remains steady, with traders viewing the dip as a potential accumulation opportunity before momentum shifts back in favor of the ￰1￱ Breakdown Brings SOL To A Critical Accumulation Zone According to the latest outlook from Crypto VIP Signal, Solana’s price recently broke out of a downward triangle, signaling a temporary shift in market ￰2￱ move has brought SOL down to a crucial support region where buyers have previously shown strong ￰3￱ reaction from this area will likely determine whether the market stabilizes for a rebound or continues its downward trajectory in the short ￰4￱ Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline?

At present, Solana is hovering around the $160 zone, which many analysts view as an important accumulation range. Historically, this level has acted as a reliable base where bullish momentum often begins to ￰5￱ demand increases and the broader market sentiment improves, SOL could see a bounce that propels it back toward higher resistance ￰6￱ with this potential upside, caution remains ￰7￱ volatility continues to influence price movements, and a decisive drop below the $150 level could signal a deeper bearish ￰8￱ expert noted that setting a stop-loss slightly under $150 helps protect against this scenario while allowing room for short-term ￰9￱ now, speculation is whether Solana can hold its current support and attract renewed bullish pressure, potentially marking the start of a recovery phase in the coming ￰10￱ Steadies At Key Weekly Levels Amid Market Slowdown In a recent post on X, CryptoPulse highlighted that SOL is currently holding around key weekly levels as it works to regain strength following recent market ￰11￱ analyst noted that despite short-term weakness in momentum, the overall market structure remains resilient, suggesting that the asset could soon stabilize and prepare for its next ￰12￱ Reading: Solana (SOL) Decline Intensifies — Bears Tighten Grip, Recovery Looks Unlikely According to CryptoPulse, Solana’s long-term outlook is supported by solid fundamentals and a growing ￰13￱ project continues to attract increasing adoption across decentralized finance (DeFi), NFTs, and enterprise applications.

Moreover, heavy institutional interest has further strengthened confidence in Solana’s potential to remain one of the leading blockchain platforms in the crypto ￰14￱ the moment, CryptoPulse recommends maintaining a neutral and patient stance as the price consolidates, which could offer a more favorable entry point, especially if SOL begins to ￰15￱ momentum returns, the analyst believes Solana could swiftly reclaim higher resistance levels and potentially resume its broader upward ￰16￱ image from Pxfuel, chart from ￰17￱