A downturn is where true strength shows. As ETH and XRP turned lower in tandem, $SOL posted the smallest decline among its major-asset peers.
The daily chart makes the case even clearer: the price climbed steadily from around $70 in early August to above $117, with the moving averages consistently aligned bullishly. The 4-hour MACD has even stayed above the zero line.
Competitors are breaking down, while it’s holding firm; the broader market is gripped by fear, yet it can’t even make a new low. This resilience isn’t just bulls stubbornly holding on—the market has already absorbed the supply. With the uptrend structure intact, there’s no reason to turn bearish lightly.
#SOL
👇
The daily chart makes the case even clearer: the price climbed steadily from around $70 in early August to above $117, with the moving averages consistently aligned bullishly. The 4-hour MACD has even stayed above the zero line.
Competitors are breaking down, while it’s holding firm; the broader market is gripped by fear, yet it can’t even make a new low. This resilience isn’t just bulls stubbornly holding on—the market has already absorbed the supply. With the uptrend structure intact, there’s no reason to turn bearish lightly.
#SOL
👇
