$SOL is sitting around $180 after a sharp drop from $206. Price already tested the 175–176 support zone and bounced, but the mid-term trend on the 4H chart is still bearish.

Here’s the plan:

Scenario 1 – Long from support (short-term play)

Entry: $178–$180

SL: $174.5 (just under the last low)

TP1: $186–$190 (first resistance)

TP2: $194 (extended target)

RR: 1:2–1:3

Scenario 2 – Short if support breaks

Entry: $174–$175 after a confirmed breakdown

SL: $178

TP: $167–$162

Volume and OI suggest sellers are still active, so don’t rush in without confirmation. If we get a solid bounce from 175–176, buyers could easily push it toward 190 again.

💡 What’s your move? Riding the bounce up or waiting for that breakdown below 175?