SOL, Sep-25 close: $122.10, the first daily close above $120 since Jan-28. 240 days.
From its lowest close of this drawdown, $62.16 on Jun-06, that is +96%.
The catch, from our bounce tape since 2020: 13 earlier SOL bounces made +50% or more, and 9 of those 13 still ended at a new low. A bounce is not a turn.
Next question: does $120 hold on a retest?
askthetape.com/m/coin/?coin=SOL&ser=bounce
From its lowest close of this drawdown, $62.16 on Jun-06, that is +96%.
The catch, from our bounce tape since 2020: 13 earlier SOL bounces made +50% or more, and 9 of those 13 still ended at a new low. A bounce is not a turn.
Next question: does $120 hold on a retest?
askthetape.com/m/coin/?coin=SOL&ser=bounce