$SOL This wave is taking a stand above 120. What I care about isn’t the upside, but whether there will be someone willing to take over afterwards.
Just now, the Binance Spot page showed SOL/USDT up 4.19% over the past 24h, with an intraday high of 122.33 and about 456 million USDT in 24h trading volume. After the daily move pulled it up from around 70, the momentum hasn’t fully died out—this is the reason I’m still watching it today.
But the price is already close to the intraday highs. A push higher followed by a pullback, increased volatility, and a reversal in news sentiment can all come very quickly. If, during a pullback, trading volume keeps building while the price loses the key intraday low at 114.07, I’ll downgrade this period of strong watch.
Do you think this is a strong rotation/turnover here, or has the sentiment moved too fast?
$SOL #BinanceSpot #Solana
Just now, the Binance Spot page showed SOL/USDT up 4.19% over the past 24h, with an intraday high of 122.33 and about 456 million USDT in 24h trading volume. After the daily move pulled it up from around 70, the momentum hasn’t fully died out—this is the reason I’m still watching it today.
But the price is already close to the intraday highs. A push higher followed by a pullback, increased volatility, and a reversal in news sentiment can all come very quickly. If, during a pullback, trading volume keeps building while the price loses the key intraday low at 114.07, I’ll downgrade this period of strong watch.
Do you think this is a strong rotation/turnover here, or has the sentiment moved too fast?
$SOL #BinanceSpot #Solana
