Solana Price Don Bounce Back Reach $175, Dem Dey Target 14% Rise To $210
Solana price don bounce back strong from $160 support level go reach $175, e mean say e fit rally 14% go $210 resistance. For 4-hour chart, SOL still get upward trendline, e dey form higher lows wey dey keep bullish momentum. Daily trading volume na $5.9 billion, and SOL get weekly gain of 3% even though e drop 4% daily. On-chain data show say big whale dem dey move plenty SOL. One wallet move near 97,000 SOL ($17.5M) go exchange, others move pass 129,000 SOL go Kraken and Binance, dem dey collect profit. Traders dey eye $168–$170 zone for pullback support. Meanwhile, Hong Kong's OSL HK don get SFC approval for retail Solana trading, this one show say institutional and retail interest dey grow, fit make Solana price climb more.
Bullish
Di tori news dey bullish for Solana market outlook. Di comeback from $160 and di creation of higher lows for di 4-hour chart dey signal say momentum go continue dey go up. Whale transfers wey carry pass 226,000 SOL go exchanges show say dem dey take profit and liquidity dey come back, dis one dey usually happen before new rallies as big holders dey reposition. Hong Kong retail approval dey add regulatory legitimacy and e dey increase investor base, just like di way BTC and ETH approval don drive long uptrends before. For short term, SOL fit test support zones around $168-$170, but di $210 target still dey possible if buying pressure continue. For long term, broader retail access and healthy on-chain activity go support better path for SOL.