Solana Hits $175: Triple Bottom Pattern Points to Bullish Momentum

The Solana (SOL) price has recently dipped to around $175, but key technical indicators suggest potential for a bullish turnaround. The coin’s support at the 200-period EMA on the 4-hour chart is holding strong, according to Altcoin Sherpa, who believes it signals a potential bounce in the near term. This support level aligns with historical price action, further strengthening its potential as a launchpad for bullish momentum.