Recently, the price movement of Solana (SOL) has attracted attention. The rise starting from $173 is very clear, with the price climbing all the way to a high of $210, forming a complete pump swing trading.

During the subsequent pullback, SOL demonstrated strong resilience. Although it experienced a decline, the lows did not break below the critical support level of 173 USD. Notably, a double bottom formation appeared around the 190 USD mark, with this bottom showing a gradual rise. This price structure indicates that the integrity of the overall pump trend remains intact, laying a solid foundation for a potential rebound that may occur next.

From the perspective of intraday trading, the current price level may provide an attractive entry opportunity. Investors may consider looking for long position setups in the range of $190-195. If the rebound occurs as expected, around $210 will become a reasonable target price.

However, we also need to bear in mind that the cryptocurrency market has always been highly volatile. Investors should conduct a comprehensive risk assessment and develop strict risk management strategies before making any decisions. Additionally, closely monitoring overall market sentiment and potential external factors is crucial, as these factors may significantly impact the price movement of SOL.