Solana (SOL) has been undergoing a correction phase for several days. After breaking its all-time high (ATH), a pullback was anticipated. In response, we decided to increase our position. Please note that this is not financial advice but merely our analysis. We are personally invested in this asset.
Several days ago, we established a target zone between $200 and $165. Currently, Solana is trading within this range, and we have added to our holdings. Our analysis suggests that this is likely an intermediate correction rather than a cycle top.
We believe this phase represents the final significant correction before the cycle top, which we project to be around $350.
As always, we encourage careful consideration and independent research when evaluating market movements.