it's breaking 174 support too, 📉

$SOL /USDT – Bearish Breakdown in Play

#Solana has taken a sharp hit, dropping -3.82% to $175.82 after breaking below its key support at $177.00. The move was fueled by strong selling pressure, with price touching a 24H low of $175.54 and failing to recover above the broken level.

Key Levels to Watch:

Immediate Resistance: $177.50 – $179.00 (former support now acting as resistance)

Next Support Zone: $172.00 – $170.00

Extended Bear Target: $165.00 if selling accelerates

Market Outlook:
The breakdown below a crucial support suggests that bears are currently in full control. Unless SOL can reclaim and close above $179.00, the probability of further downside remains high.

Trade Idea:

Short Entry: $176.00 – $177.50 (on failed retest)

Stop Loss: $180.00

Target 1: $172.00

Target 2: $170.00

Target 3: $165.00

Risk management is key — keep position sizes moderate to avoid overexposure in a high-volatility zone.

$SOL