$SOL Support key test, bounce or breakdown?

$SOL is currently testing the lower support zone near 175 $ after several rejections of resistance at 178 $. If buyers defend this level, we could see a bounce towards 177 $–178 $. However, a breakdown below 175 $ could pave the way towards 172 $. Keep a close watch on price action here!

Trading setup:

Entry: 175.20 $ – 175.50 $

Target 1: 177.00 $

Target 2: 178.50 $

Stop Loss: 173.80 $

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