😎 Regarding buying Solana ($SOL ) on the basis that this could potentially be the last dip before a significant price increase. SOL is currently trading above the 200-day exponential moving average (EMA), which is often seen as a bullish signal.

3 assumptions:

Waiting for the last drop: The current price level is an attractive buying opportunity, with the expectation that the price of SOL will not fall further.

Potential for significant upside: SOL has the potential for a significant upside move in the coming days, indicating a bullish outlook.

Limited Risk: Entry into the market is currently relatively low risk, likely due to SOL trading above the 200-day EMA.

Although this strategy follows the classic principles of technical analysis, it is important to remember that no trading or investment decision is completely risk-free. Market conditions can change quickly, and it's important to have a well-thought-out plan that includes stop-loss levels and profit targets.