Will Solana Price Bounce Below $180? Double Bottom Hints at 40% Rally

Why It Matters

If sustained, the move could restore risk-on appetite in crypto markets and draw capital back into SOL, but failure to hold the double-bottom would negate the bullish thesis and risk further downside.

Summary

Solana appears to have formed a bullish double-bottom near $174–$180, signaling a technical buy-the-dip opportunity and setting a target rally to about $250—roughly a 40% upside from the recent low. Analysts point to price-action confirmation and momentum indicators supporting a reversal after the correction, with increased trader interest around the support zone. If sustained, the move could restore risk-on appetite in crypto markets and draw capital back into SOL, but failure to hold the double-bottom would negate the bullish thesis and risk further downside.