$SOL /USDT – Retracement in Play After

Rejection at $187.71

Solana is currently trading at $178.63 (-0.54%), facing pressure after failing to sustain above the recent high of $187.71. The 1-hour chart shows a sharp wick down to $173.29, indicating strong volatility and a possible liquidity grab before a minor recovery. With 24h volume at 5.74M SOL / 1.04B USDT, bulls must defend the $175–$178 zone to avoid deeper downside. A clear reclaim of $182.50 is needed for bullish momentum to resume. Short-term traders should watch for consolidation around current levels and be cautious of false breakouts.

Let me know if you'd like this in the full breakout format or want a short setup.