Solana is pulling back into a major confluence zone. Price sits at the 0.618 Fibonacci retracement ($176) while also testing a clean rising trendline. The Stoch RSI is oversold, giving buyers an opportunity to defend.
A bounce and reclaim of $182 would confirm bullish continuation toward $196–212.
A breakdown under $176 opens the door to a 0.786 retest near $167.
This zone is critical — holding here keeps structure intact, but failure could flip the trend short-term.