A Solana perp DEX is shutting down unless someone buys it, and $SOL is sitting below the 200 EMA with a death cross on the chart.
Flash Trade built on Solana's perp infrastructure. losing it does not kill the ecosystem but it is not a great headline when sentiment is already soft.
SOL at $74.89, RSI at 50.9, support at $74.10 then $73.44. ATH around $293, roughly 3.9x from here.
below $80 is my zone, and I am watching $70 and $60 as deeper entries if the chart stays weak. not chasing anything here.
does this change how you are sizing your SOL position?
Flash Trade built on Solana's perp infrastructure. losing it does not kill the ecosystem but it is not a great headline when sentiment is already soft.
SOL at $74.89, RSI at 50.9, support at $74.10 then $73.44. ATH around $293, roughly 3.9x from here.
below $80 is my zone, and I am watching $70 and $60 as deeper entries if the chart stays weak. not chasing anything here.
does this change how you are sizing your SOL position?