California just signed AB 2409: from 2027, officials are banned from issuing meme coins, exchanges are banned from listing related tokens — $SOL immediately -4.50% to 118.42 USD.
The 118.42 USD level is being checked right now. If selling volume remains and there is no clear absorption, once this zone breaks, the next correction wave will be deeper. $BTC has also retreated to 82,900 USD (-2.33%) — it’s not only $SOL under pressure.
Personally, I’m not in a hurry to bottom-fish. If you’re in futures, you should trim leverage first, set a stop below 118 USD, and wait to see whether this level is truly absorbed—then decide again.
$SOL chart below. 👇
#PhapLy #SOL #BTC #ChinhTri
The 118.42 USD level is being checked right now. If selling volume remains and there is no clear absorption, once this zone breaks, the next correction wave will be deeper. $BTC has also retreated to 82,900 USD (-2.33%) — it’s not only $SOL under pressure.
Personally, I’m not in a hurry to bottom-fish. If you’re in futures, you should trim leverage first, set a stop below 118 USD, and wait to see whether this level is truly absorbed—then decide again.
$SOL chart below. 👇
#PhapLy #SOL #BTC #ChinhTri
