$SOL Drops From the Cliff Is the Rally Over?

$SOL has lost steam after hitting the $206 mark, now retracing sharply below $190 on the 4H chart. Momentum has flipped bearish, and bulls must defend the current support zone or risk a deeper pullback.

Resistance: $196.50

Support: $185.00

Short Entry: Below $188.80

Take Profit 1 (TP1): $181.60

Take Profit 2 (TP2): $175.00

Stop Loss (SL): $193.40

Watch for a breakdown below $186 – it could trigger another leg lower. Stay sharp and manage your risk!