$SOL is getting crushed toward $107... and sellers clearly have control right now. ๐ฌ
After losing the $114โ$113 zone, SOL kept forming lower highs and lower lows. The breakdown around $112.5โ$111 was the key move, while every bounce toward $109โ$109.5 has been rejected.
Now Iโm watching $107.2 closely. If buyers fail to defend it, $105 โ $102โ$100 become the next downside zones. Still, after such a sharp drop, I wouldn't chase the red candles.
While #SOL is breaking down, $BTC is hovering around $80K, keeping broader market pressure high. Iโm also watching $ZEC , but instead of rushing into weakness, Iโd rather wait for stronger support and plan entries around my preferred levels.
No chasing the dump. Let SOL show where buyers are actually willing to step in. ๐
Trade here ๐
#trading #BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause
After losing the $114โ$113 zone, SOL kept forming lower highs and lower lows. The breakdown around $112.5โ$111 was the key move, while every bounce toward $109โ$109.5 has been rejected.
Now Iโm watching $107.2 closely. If buyers fail to defend it, $105 โ $102โ$100 become the next downside zones. Still, after such a sharp drop, I wouldn't chase the red candles.
While #SOL is breaking down, $BTC is hovering around $80K, keeping broader market pressure high. Iโm also watching $ZEC , but instead of rushing into weakness, Iโd rather wait for stronger support and plan entries around my preferred levels.
No chasing the dump. Let SOL show where buyers are actually willing to step in. ๐
Trade here ๐
#trading #BinanceLaunchesBinanceIntelligence #FedMinutesFocusOnOctoberPause