The price movement of Solana (SOL) has recently attracted widespread attention in the market. Since June, SOL has been steadily advancing in a clear rise channel, demonstrating strong pump momentum.

Currently, the price of SOL is approaching the lower support level of this rising channel, which is around $180. This is a key technical position that could determine the direction of SOL in the short term. If the price can successfully bounce back at this support level, we are likely to see SOL retest the mid-channel, or even the upper channel area. In this case, $200 or even higher levels would become the next potential target.

It is worth noting that although some pullbacks may occur recently, the overall rise trend of SOL remains intact. As long as the price does not break below the current channel structure, market sentiment still leans towards optimism.

For traders, this is a time to remain vigilant. A wise strategy is to wait for a clear rebound signal at the support level before considering establishing a long position. However, if SOL unexpectedly breaks below the lower boundary of the channel, it will be necessary to reassess the overall trend, as a deeper correction may occur.

In this uncertain market environment, it is crucial to remain calm and rational. Closely follow technical indicators and market sentiment, while also paying attention to broader cryptocurrency market dynamics and macroeconomic factors, all of which could impact the price movement of SOL.

Regardless of how the market changes, risk management should always be the top priority for every trader. Setting reasonable stop-loss levels, avoiding excessive leverage, and maintaining sensitivity to the market at all times are key to succeeding in the rapidly changing cryptocurrency market.