Solana (SOL) is once again standing on the edge of a key battlefield — its major support zone around $175–176. Price action has been tightening within a descending structure, and momentum continues to fade as sellers defend every bounce.
The pressure is clearly building… and the next move could be explosive. 💣
🎯 Short Targets to Watch
Target 1: $174
Target 2: $172
If $172 breaks decisively with strong volume, it could open the door to a steep slide toward $160, which remains the next major demand zone. 💥
However — if the $175 support holds firm, expect a short-term relief bounce into the $176–178 range, which may provide fresh short opportunities for traders waiting on confirmation.
⚠️ Pro Tip — Avoid the Traps!
This support region is notorious for fake breakouts and liquidity hunts.
Don’t jump in blindly — let the structure confirm and watch for volume alignment before executing any entries.
The overall trend remains bearish, but patience will separate the smart traders from the trapped ones. 🧠🔥
