{"id":53308,"date":"2025-10-16T19:46:46","date_gmt":"2025-10-16T19:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53308"},"modified":"2025-10-16T19:46:46","modified_gmt":"2025-10-16T19:46:46","slug":"is-solana-ready-to-hit-260-again-after-33-pullback","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53308","title":{"rendered":"Is Solana Ready to Hit $260 Again After 33% Pullback?"},"content":{"rendered":"<div>\n<p>Solana (SOL) is drawing attention following a recent price dip, with analysts monitoring whether the token is preparing to retest the $260 level.<\/p>\n<p>Despite short-term losses, several technical patterns are pointing to a potential move higher. Market participants are also watching liquidity zones and ETF filings, which may influence upcoming price action.<\/p>\n<h2>Analysts Watch for $260 Revisit<\/h2>\n<p>According to Ali Martinez, Solana may be positioning for a return to the $260 area. The chart shows that the price remains within a broader upward channel. Although SOL has declined by 5% in the last 24 hours and over 14% in the past week, it is still respecting the current trend. At press time, it traded at around $193.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Solana <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a> could be looking to retest $260! <a href=\"https:\/\/t.co\/UriEqCNiX4\">pic.twitter.com\/UriEqCNiX4<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1978612352330473526?ref_src=twsrc%5Etfw\">October 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Notably, the chart outlines $250 to $260 as a key resistance zone. If the price rises into this range but fails to hold, a retracement could take it back toward the $165 to $170 area. This level has acted as both support and resistance in previous moves and is being tracked by traders as a possible downside target.<\/p>\n<p>Moreover, data <a href=\"https:\/\/x.com\/Bitcoinsensus\/status\/1978478532851384381\">shared<\/a> by Bitcoinsensus shows a repeated pattern on Solana\u2019s daily chart. In past moves, 33% corrections were followed by strong rallies. The first recovery gained 93% and the second reached 100% . Each time, the price reversed near the lower boundary of a rising channel.<\/p>\n<figure id=\"attachment_1416550\" aria-describedby=\"caption-attachment-1416550\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9-.jpeg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-1416550\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9-.jpeg\" alt=\"SOL price chart\" width=\"1200\" height=\"663\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9-.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--300x166.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--1024x566.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--768x424.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--90x50.jpeg 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--150x83.jpeg 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--1000x553.jpeg 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--900x497.jpeg 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--800x442.jpeg 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--700x387.jpeg 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--600x332.jpeg 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--500x276.jpeg 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--400x221.jpeg 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--200x111.jpeg 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3T3vQ_XkAA9_9--100x55.jpeg 100w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-1416550\" class=\"wp-caption-text\">Source: Bitcoinsensus\/X<\/figcaption><\/figure>\n<p>Solana has recently seen another 33% drop and has bounced from the same trendline. If the pattern continues, the current move could reach into the $280 to $300 range. The channel structure remains intact, with higher lows supporting the idea that buyers are still active.<\/p>\n<h2>Liquidity Zones Between $190 and $210<\/h2>\n<p>A heatmap posted by CW <a href=\"https:\/\/x.com\/CW8900\/status\/1978703584964292748\">shows<\/a> that high-leverage long positions were recently liquidated near the $200 level. The area around $190 is now showing strong buying interest, which is acting as short-term support.<\/p>\n<p>Above current levels, the chart reveals low resistance up to $210. With fewer resting sell orders in this range, the price could rise quickly if there is renewed demand. According to the analyst, \u201c<em>there is no resistance for short positions up to $210<\/em>,\u201d making it a key zone to watch in the near term.<\/p>\n<figure id=\"attachment_1416549\" aria-describedby=\"caption-attachment-1416549\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF.jpeg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1416549 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF.jpeg\" alt=\"SOL liquidation chart\" width=\"1200\" height=\"475\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-300x119.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-1024x405.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-768x304.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-90x36.jpeg 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-150x59.jpeg 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-1000x396.jpeg 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-900x356.jpeg 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-800x317.jpeg 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-700x277.jpeg 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-600x238.jpeg 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-500x198.jpeg 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-400x158.jpeg 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-200x79.jpeg 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3XEQxtb0AA0VRF-100x40.jpeg 100w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-1416549\" class=\"wp-caption-text\">Source: CW\/X<\/figcaption><\/figure>\n<p>Furthermore, 21Shares has <a href=\"https:\/\/t.co\/uk5szrCerF\">submitted<\/a> Form 8-A(12B) to the Securities and Exchange Commission. This filing is required to complete the process for listing a Solana-based exchange-traded fund. The document was filed after markets closed.<\/p>\n<p>Meanwhile, this registration allows for the launch of a spot Solana ETF, which would provide regulated access to SOL for a broader group of investors. The development is seen as part of ongoing efforts to bring digital assets into traditional financial products.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/is-solana-ready-to-hit-260-again-after-33-pullback\/\">Is Solana Ready to Hit $260 Again After 33% Pullback?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) is drawing attention following a recent price dip, with analysts monitoring whether the token is preparing to retest the $260 level. Despite short-term losses, several technical patterns are pointing to a potential move higher. Market participants are also watching liquidity zones and ETF filings, which may influence upcoming price action. Analysts Watch for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53308","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53308"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53308\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}