The SOL price movement has shown some interesting developments recently. Observing the 4-hour chart, we can see the formation of a cup and handle pattern, and the price has retraced to a key level. This technical formation is often regarded as a bullish signal.

Currently, we can focus on two important price ranges:

1. $176-180 range: This area could become the starting point for a new wave of rise. If SOL can stabilize in this range, we may see a new surge.

2. Around $170: If SOL follows the overall cryptocurrency market and continues to decline, the price level around $170 will become the next important support point. This position aligns with SOL's previous staircase rise pattern, therefore it may provide strong support.

It is worth noting that both price ranges have strategic significance. Investors and traders can closely monitor these levels as they may determine the direction of SOL's price movement in the short term.

However, we must also keep in mind that the cryptocurrency market is ever-changing, and external factors such as overall market sentiment, regulatory news, or movements of large institutions can have a significant impact on prices. Therefore, it is crucial to comprehensively consider multiple factors and conduct thorough risk assessments before making any investment decisions.