$SOL /USDT RETEST OR REBOUND?
Support Holds at $168.92 Will Bulls Step In?
$SOL dropped to a low of $168.92 before recovering slightly to $172.69. The 4H chart shows repeated rejections near the $175 zone and lower highs forming a potential bearish pattern. That said, if the $169–$170 support range holds again, we may see a bounce attempt in the short term.
Trade Setup (Short-Term Play):
• Entry Zone: $172 – $174
• TP1: $176.80
• TP2: $180.50
• TP3: $185.20
• SL: $168.20
The battle is on at a key pivot zone. Break below $168 with volume = bearish continuation. But if Bitcoin stabilizes and $SOL reclaims $175, this could flip into a fast relief rally setup.