🚨 $SOL ANALYSIS: FOMC RESULT & NEXT MOVE 🚨
The Fed officially hiked interest rates by 25 bps (3.75% – 4.00%). Despite hawkish macro pressure, $SOL saw a brief price bounce. Here is the breakdown for spot traders:
📌 TECHNICAL BREAKDOWN
Nature of the Bounce: Current price action is a technical Short Squeeze & Retest (Wave 4), not a main trend reversal.
Key Levels: As long as $SOL stays below $106.93 (Bearish Invalidation), the 70% Bearish scenario remains dominant.
Fundamental Drag: The failure of the Clarity Act in the US Senate continues to weigh on overall market confidence.
💡 SPOT STRATEGY
AVOID FOMO: Short-term rallies following hawkish rate decisions are prime targets for Bull Traps.
HOLD CASH: Staying in USDT/FDUSD during post-news volatility keeps your portfolio safe.
PATIENCE FOR ENTRY: Better buying opportunities lie at confirmed support levels ($89.75 – $86.74) once the market cools down.
Trade smart and protect your capital! 🛡️
#Solana #SOL #FOMC #CryptoAnalysis #BinanceSquare #TechnicalAnalysis
The Fed officially hiked interest rates by 25 bps (3.75% – 4.00%). Despite hawkish macro pressure, $SOL saw a brief price bounce. Here is the breakdown for spot traders:
📌 TECHNICAL BREAKDOWN
Nature of the Bounce: Current price action is a technical Short Squeeze & Retest (Wave 4), not a main trend reversal.
Key Levels: As long as $SOL stays below $106.93 (Bearish Invalidation), the 70% Bearish scenario remains dominant.
Fundamental Drag: The failure of the Clarity Act in the US Senate continues to weigh on overall market confidence.
💡 SPOT STRATEGY
AVOID FOMO: Short-term rallies following hawkish rate decisions are prime targets for Bull Traps.
HOLD CASH: Staying in USDT/FDUSD during post-news volatility keeps your portfolio safe.
PATIENCE FOR ENTRY: Better buying opportunities lie at confirmed support levels ($89.75 – $86.74) once the market cools down.
Trade smart and protect your capital! 🛡️
#Solana #SOL #FOMC #CryptoAnalysis #BinanceSquare #TechnicalAnalysis
