Solana Holds Steady Despite BTC Drop—Targeting $176?

After a market dip, Solana (SOL) remains strong above $160, despite recent volatility. Analyst Carl Runefelt suggests SOL could rise to $176 if it breaks above $168, but further market downturns could impact its growth.

Solana has retested the $160 level, which it has now broken through, showing potential for continued momentum. However, key resistance at $171 may slow further gains. SOL needs to hold above $160 to maintain investor confidence and could reach new highs in November if support holds.

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