๐Ÿšจ Solana Tests $150 Support โ€” Will Bulls Hold the Line? ๐Ÿง ๐Ÿ”ฅ

Solanaโ€™s price action is heating up โ€” but cracks are forming.

๐Ÿ” Current Snapshot:

โ€ข Price: ~$158

โ€ข Trend: Corrective pullback

โ€ข Last High: $168.60

โ€ข SMA100 (1H): Acting as resistance

โ€ข Key Zone: $150โ€“$155 โš ๏ธ

๐Ÿ“‰ What Just Happened?

โ€“ SOL climbed above $160 and broke short-term resistance

โ€“ But it failed near $168, triggering a sell-off

โ€“ Broke below the $162 trendline + 100-hour SMA

โ€“ Now testing critical support at $158โ€“$155

๐Ÿ“Š Technical Breakdown:

๐Ÿ”ป MACD: Still bearish โ€” no bullish crossover yet

๐Ÿ”ป RSI: Below 50 = Weak momentum

๐Ÿ”ป Fib Levels:

โ€ข 50% retracement = breached

โ€ข 76.4% retracement = acting as support

๐Ÿง  Key Levels to Watch:

โœ… Resistance:

โ€ข $160 โ†’ short-term barrier

โ€ข $162 โ†’ trendline breakout trigger

โ€ข $168 โ†’ major hurdle

โ€ข $178/$185 โ†’ breakout targets

โŒ Support:

โ€ข $158 โ†’ current test zone

โ€ข $155 โ†’ critical support

โ€ข $150 โ†’ psychological + structural base

โ€ข Below $150? โ†’ $145 possible

๐Ÿ“ˆ Scenario 1: Bullish Recovery

โ€ข Break above $162 = new momentum

โ€ข Retest $168 โ†’ breakout attempt toward $178โ€“$185

๐Ÿ“‰ Scenario 2: Breakdown Incoming

โ€ข Rejection at $160โ€“$162

โ€ข Slip under $155 = $150 in play

โ€ข Close below $150 โ†’ steep drop to $145

๐Ÿ’ก Final Word:

Solana bulls must defend $155โ€“$158.

If not, $150 becomes the last line in the sand.

Hold your positions tight โ€” the next few candles are critical!

๐Ÿ“ข Are you buying this dip or waiting for confirmation?

#solana #MemecoinSentiment #TradingStrategyMistakes #SOL #USCryptoWeek $SOL