๐ฐ $107M in whale net inflows into SOL yesterday. While BTC and ETH saw outflows, smart money was quietly loading up on Solana. That tells you everything.
The chart: $76.6, the only major L1 showing weekly strength (+3.7%). 4H RSI at 70.9, MACD bullish and accelerating. Price is testing the 99-day SMA at $77.65 โ a break above opens up $80+.
๐ Why SOL Is THE Major L1 Play:
โข Only major crypto with net whale inflows ($107M vs BTC's -$274M outflow)
โข On-chain activity remains robust โ new projects launching weekly
โข Risk/reward from the $74-77 zone is favorable
โข Leading the majors in weekly performance while others lag
๐ฏ The Trade โ Scale In With Conviction:
Entry zone: $74 - $77 (scale in across this range)
Stop loss: $71 (below recent swing low)
TP1: $80 (99-day SMA breakout confirmation)
TP2: $85 (next major resistance)
When whales are buying and retail is scared, that's usually the signal. The $77.65 level is the gate โ once it opens, $80 becomes the floor.
Are you scaling into SOL or waiting for $80 to chase? Be honest ๐
#SOL #Solana #DYOR
โ ๏ธ Disclaimer: Not financial advice. Cryptocurrency trading carries significant risk.