$SOL
Key Support in Danger — Breakdown or Bear Trap? ⚠️
Currently trading at $178.53 (–3.54%), Solana continues to struggle after multiple rejections at the $182 resistance level. With price dipping below the crucial $180 structure support, pressure from sellers is mounting — the next move could reveal whether we’re seeing a true breakdown or just a fakeout before a rebound.
🔍 Key Technical Zones:
• Resistance: $181.80 – $185.00
🔺 A breakout here could tilt momentum back in favor of bulls.
• Support: $178.00 – $175.60
🔻 Losing this zone may trigger a deeper correction.
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📊 Trade Setup
Bullish Scenario:
• Entry: Above $182.00 (confirmed close with volume)
• Target 1: $186.50
• Target 2: $191.50
• Stop Loss: Below $177.80
Bearish Scenario:
• Entry: Below $177.50 (with confirmation)
• Target 1: $173.00
• Target 2: $168.50
• Stop Loss: Above $181.50
🔔 Volume is rising as SOL dips below recent range lows — be cautious. This level could either be the last line of defense or the start of a steeper drop. Wait for confirmation to dodge false signals.