$SOL – Slipping Below Key Support Zone!
Solana is trading at $161.35 after a steep 5.87% drop, breaking below the critical $167–$169 support zone (highlighted in blue). The 15-minute chart shows persistent bearish pressure with no clear signs of reversal. A weak bounce attempt is underway, but momentum remains in favor of the bears.
To flip sentiment, SOL must reclaim the $164–$165 level quickly. Otherwise, continued pressure could push price toward $158 or lower. Short-term traders should wait for confirmation before jumping in.
Trade Setup:
Entry: $160–$162
TP1: $165
TP2: $170
TP3: $174
SL: $158