Solana starts the week right back at its $171–$176 support zone – the same area that has held price up four times before.
Now we’re seeing the fifth retest, and that matters.
👉 Learn how to read multi-touch levels and structural tests in our Trading Academy.
For Beginners
Support is where buying pressure has stopped declines in the past.
But when a level gets tested too often, it can weaken over time – think of it like a floor being hit repeatedly until cracks appear. Each new touch tells you less about strength and more about fatigue.
For Regulars
Each bounce from this zone has been smaller, showing how demand is thinning out. This is a sign of buyer exhaustion, not failure yet, but a warning that the level’s reaction power is fading.
- If buyers defend it again: structure can rotate back toward $190–$200, where resistance from prior swings waits.
- If the level breaks below $171: that opens room for the next leg lower toward $160–$155, aligning with the next demand cluster.
Technical Snapshot
- Support: $171–$176 → critical multi-touch base.
- Resistance: $190–$200 → upper boundary of short-term range.
- Momentum bias: neutral to bearish until defense is confirmed.
This fifth test is the line between another bounce or a structural breakdown.
Market Psychology
Support doesn’t fail because it’s weak – it fails because it worked too many times.
Each retest gives buyers less reward and invites sellers closer. Eventually, the level stops being a secret and becomes a target. That’s when clean breaks happen.
Understanding that shift separates reactive traders from strategic ones.
Bottom Line
Solana begins the week retesting the $171–$176 support zone for the fifth time.
- Hold above $171: possible rebound toward $190–$200.
- Break below $171: opens path toward $160–$155.
This level has defined Solana’s rhythm for weeks – how it behaves here may set the tone for the entire week ahead.
👉 Watch this zone closely on your chart and revisit the Support and Resistance lesson in the Trading Academy.
