Solana’s $171: A Crucial Support Zone Defining Short-Term Action

Solana (SOL) traders are paying close attention to the crucial support level of $171, where a massive accumulation of 12.4 million SOL tokens has taken place. This high volume suggests that $171 serves as a psychological and technical floor for many Solana holders, making it a critical battleground in the short term. If this level holds, it could spark renewed buyer confidence and potentially signal a bullish reversal toward higher resistance levels. However, if $171 breaks down, SOL is likely to experience further downside in the near future.