$SOL testing Key Support After Sharp Drop
$SOL has retreated from its recent high of $209.86, now trading near $192.41 after a strong sell-off. The overall higher-timeframe structure still leans bullish, but sellers are in control short-term.
Key Levels to Watch
Major Support: $186–$188 zone — a critical area for buyers to defend.
Upside Target on Bounce: Recovery above $196 could open the path back to $202–$205.
Risk Level: A breakdown below $186 may trigger a deeper pullback toward $175–$167.
Trading Insight: This could be a high-reward zone for dip buyers if support holds, but keep tight risk management in case the selling pressure continues.