$SOL The battle between bulls and bears: will it hit 95 first, or climb back above 120?
The overall market is currently bearish, but with a rebound in bullish sentiment and quite a few retail investors buying the dip, so many longs have been liquidated that it feels like a major counterattack may be coming.
SOL has been affected by the broader market and has already fallen from 123 to around 100. The bulls seem to have accepted the bearish reality and given up resisting. The support zone at 100–102 is now facing a serious test.
If it breaks below that level, it could well fall to around 95. If 95 becomes a launchpad for a bullish counterattack, there’s still a good chance it could climb back to 115–120.
Do you think it will climb back above 120 or lose the support at 95?#SpotBitcoinETFsShed$261M
The overall market is currently bearish, but with a rebound in bullish sentiment and quite a few retail investors buying the dip, so many longs have been liquidated that it feels like a major counterattack may be coming.
SOL has been affected by the broader market and has already fallen from 123 to around 100. The bulls seem to have accepted the bearish reality and given up resisting. The support zone at 100–102 is now facing a serious test.
If it breaks below that level, it could well fall to around 95. If 95 becomes a launchpad for a bullish counterattack, there’s still a good chance it could climb back to 115–120.
Do you think it will climb back above 120 or lose the support at 95?#SpotBitcoinETFsShed$261M
跌破95
重上120
10 hr(s) left