“This Is a Good Area to Buy” Solana Says Top Analyst, Citing Key Support

• Solana is testing a critical short-term support zone between $174 and $178.
• A massive, multi-year “Cup and Handle” pattern on the weekly chart has a target of $2,500.
• A successful hold of the current support could validate the explosive long-term thesis.

As the crypto market stages a recovery, Solana is in the spotlight as it consolidates above a crucial support level, and one top analyst is flagging it as a strategic area for traders to pay close attention. 

“A Good Area to Buy” with Clear Risk Management

According to Altcoin Sherpa, Solana’s price is holding a key support zone between $174 and $176. He described this area as “a good area to buy” or build a position using dollar-cost averaging. 

This area coincides with the 200 EMA at roughly $178, creating a strong confluence of demand. Previous rebounds from this level suggest buyers are defending it, keeping hopes alive for another move upward.

Resistance stands at $185–190, while a breakout could open the door toward $205. However, a breakdown under this zone risks exposing the token to a decline toward $165–168. 

For traders applying dollar-cost averaging, adding around the support ban…

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