$SOL on the Edge Breakdown or Buy Opportunity?
#SOLANA just slipped below a key consolidation zone, now trading at $175.94, with a red daily candle showing weakness after repeated rejection from the $200 level.
Strong rejection from the $200 psychological level.
Daily structure broke short-term higher lows.
If $170 support fails, the next critical zone lies around $160–$155.
A bounce could retest $182–$188 before facing resistance again.
🎯 Market Sentiment:
Despite today’s minor green uptick (+0.08%), bears are still in control this week. Caution advised for long entries until clear reversal signs appear.