$SOL /USDT – Support Test in Progress! 🔄⚠️

Current Price: $169.95

24h Volume: 6.26M $SOL | $1.10B USD

Technical Overview:

Price is hovering near MA(7): $168.63, just below MA(25): $170.67 – indicating short-term pressure

MA(99): $173.75 acting as a key resistance

Price bounced off the $166.18 low – a critical support zone

Momentum weakening, but volume still high, suggesting a potential reversal or breakdown

Trade Setup – Rebound or Breakdown?

Scenario 1 – Bullish Rebound:

Entry: $168.50–$170.00

Stop Loss: $165.90

Targets:

🎯 TP1: $174.50

🎯 TP2: $179.00

🎯 TP3: $181.40 (resistance)

Scenario 2 – Bearish Breakdown (if closes below $166):

Short Entry: $165.50

Stop Loss: $169.00

Targets:

🔻 TP1: $161.00

🔻 TP2: $155.00

Sentiment: Neutral-Bearish — Watch the $166 support. Breakdown = bearish. Bounce = short-term bullish.

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