📉 According to the attached chart for $SOL, the price was near 104.64 USDT and trading below the key moving averages, indicating continued selling pressure on the 4-hour timeframe.

🎯 3 levels worth watching: 🔹 $103.55 — nearby support; a break below it could increase selling pressure. 🔹 $100.43 — an important previous low to watch. 🔹 $105.23–106.12 — resistance zone; reclaiming this range could signal a short-term improvement.

🧠 What should a trader do? ✅ Don’t rush to buy just because the price has fallen. ✅ Wait for confirmation of a breakout or breakdown while monitoring trading volume. ✅ Set your stop-loss and define your risk before entering.

⚠️ Remember: a decline doesn’t mean a rebound is guaranteed, and a breakout doesn’t guarantee that the rally will continue.

💬 Question for traders: Are you waiting for confirmation of a rebound in $SOL, or would you rather stay out of the market until the price action becomes clearer?

Solana #SOL #CryptoTrading# #Cryptocurrencies