<ul><li>Solana (SOL) is trading near a crucial support level around $163 after a retracement from local highs.</li><li>If the support level at $160 holds, SOL could rebound and aim to test the downtrend line, suggesting a bullish scenario.</li><li>Failure to hold above $160 may lead to a deeper correction and a test of lower support levels.</li><li>SOL's price action will be closely watched as it hovers around the $160 support, with potential for a rally or a bearish phase.</li></ul>

Solana Likely To Target $200 ‘If It Holds Current Support’ – What To Expect

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