🔻 $SOL FALLS BELOW $160 — WILL IT BOUNCE OR BREAK FURTHER? 🔻
Solana has taken a sharp -5.80% hit, dropping to $159.66 after rejecting the $169–$170 resistance zone. With a 24H low of $156.01, sellers showed strong control in today’s session.
However, the recent short-term rebound near the $156 support could indicate a relief bounce attempt. Volume remains high, but structure is still weak unless price reclaims above $165.
🎯 Trade Setup
Entry: $158–$160
TP1: $165
TP2: $170
TP3: $178
SL: $154