Solana Retests $171 Support for Fifth Time – Bounce or Breakdown Ahead?

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.

Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.