$SOL—damn, that one hit me right in the chest.
Trading around $105
Down about 5.7% in 24h, with weak volume
Analysis: That sell-off dropped straight from above 113 to 102 without stopping, which suggests sellers are actively pushing it down. It’s now hovering at 105, near the lower end of the 102–113 range—a classic spot for a weak bounce. 102 is the low from that drop and the last line of support in the short term. Honestly, if it can’t close back above that level, the next area to watch is around 98–96, where the previous rally began and trading was concentrated. Weak volume means there aren’t many buyers stepping in, so any bounce could easily turn into a retest. Not looking good—the structure points to a bearish recovery.
Are you still holding, or have you already gotten out?
Trading around $105
Down about 5.7% in 24h, with weak volume
Analysis: That sell-off dropped straight from above 113 to 102 without stopping, which suggests sellers are actively pushing it down. It’s now hovering at 105, near the lower end of the 102–113 range—a classic spot for a weak bounce. 102 is the low from that drop and the last line of support in the short term. Honestly, if it can’t close back above that level, the next area to watch is around 98–96, where the previous rally began and trading was concentrated. Weak volume means there aren’t many buyers stepping in, so any bounce could easily turn into a retest. Not looking good—the structure points to a bearish recovery.
Are you still holding, or have you already gotten out?