Mysterious 'Whale' What is it buying for me?
๐ Solana price plummets, but whales are quietly buying! ๐$SOL
Recently, the price of Solana (SOL) has fallen below $190, dropping 11% in seven days. Despite the bleak market sentiment, whale investors are increasing their holdings, rising from 5025 addresses to 5098, showing that their confidence is recovering!๐
Technical indicators show that the market is still in a bear market, but if buying momentum resumes, SOL is expected to challenge the resistance level of $197, and it may even rebound to $211!๐ช
Currently, SOL is facing the signal of a 'death cross', where the short-term moving average has fallen below the long-term moving average, indicating a potential further decline to $185 in the short term.๐จ
However, the continued buying by whales may bring hope for a reversal for Solana! Everyone can pay attention to this dynamic and see if SOL can welcome a turning point!โจ
๐ Solana price plummets, but whales are quietly buying! ๐$SOL
Recently, the price of Solana (SOL) has fallen below $190, dropping 11% in seven days. Despite the bleak market sentiment, whale investors are increasing their holdings, rising from 5025 addresses to 5098, showing that their confidence is recovering!๐
Technical indicators show that the market is still in a bear market, but if buying momentum resumes, SOL is expected to challenge the resistance level of $197, and it may even rebound to $211!๐ช
Currently, SOL is facing the signal of a 'death cross', where the short-term moving average has fallen below the long-term moving average, indicating a potential further decline to $185 in the short term.๐จ
However, the continued buying by whales may bring hope for a reversal for Solana! Everyone can pay attention to this dynamic and see if SOL can welcome a turning point!โจ