$SOL /USDT Critical Support Breached 🚨
Solana has slipped below the key $170 support level, signaling a potential shift in momentum as bearish forces regain control. The price is currently undergoing a retest of the broken support, a move that could either confirm further downside or offer bulls a brief opportunity to reclaim lost ground. If $170 is not convincingly reclaimed, this level may flip into resistance, reinforcing the bearish outlook.
Key Insights:
• Loss of $175 confirms weakness in the trend.
• Retest underway; rejection could accelerate selling.
• Eyes now on the $150–$155 support zone as the next demand area.
• Bearish volume has picked up, hinting at growing sell-side pressure.
Outlook:
If bulls fail to retain $170, SOL could drift lower toward the $150 range. Traders should avoid premature long positions and wait for stronger confirmation before re-entering the market. Risk management is key in this volatile setup.