The analysis focuses on Solana's weak reaction to Fibonacci support, currently in a support zone between $166 and $180. A weak bounce indicates a corrective nature. A further low cannot be ruled out, a move to the downside could be complete but the market has not reached the 100% extension level at $171.50. A break above the trend line might indicate the next leg to the upside has started. There are levels of interest including structural support near $174, and the 61.8% Fib level. The market needs to show motivation by the bulls to move away from support.