🚨 SOLANA UNDER PRESSURE! From 98$ to $90… Has It Become a Buying Opportunity?
Solana has fallen by around 8.16% based on the prices mentioned, raising an important question: Are we looking at a buying opportunity, or is the decline not over yet?
📊 Technical analysis:
First support: $90.77
Second support: $88.70
First resistance: $95.80
Second resistance: $98
Next resistance: $100
🟢 When might you consider buying? If a clear rebound appears from the support zone, or after a breakout above 95.80$ and the price holds above it with rising trading volume.
🔴 When should you be cautious? If the price breaks below 90.77$ and closes below it, the correction may continue to lower levels.
🟡 When is it better to wait? If there is no clear signal of a rebound, there is no need to rush into a position.
💡 My advice to investors: If you decide to buy, don’t put all your capital into a single trade. Divide your investment into installments, and keep some cash on hand in case of a further decline. Don’t use leverage or invest money you’ll need.
Bottom line: The Solana project has strong use cases in decentralized applications and payments, but a strong project doesn’t mean the price won’t keep falling.
💬 Question for discussion: Would you buy SOL at $90, or wait for a further drop before entering?
#SOL #Solana #Crypto #BinanceSquare #sol板块 #solana
Solana has fallen by around 8.16% based on the prices mentioned, raising an important question: Are we looking at a buying opportunity, or is the decline not over yet?
📊 Technical analysis:
First support: $90.77
Second support: $88.70
First resistance: $95.80
Second resistance: $98
Next resistance: $100
🟢 When might you consider buying? If a clear rebound appears from the support zone, or after a breakout above 95.80$ and the price holds above it with rising trading volume.
🔴 When should you be cautious? If the price breaks below 90.77$ and closes below it, the correction may continue to lower levels.
🟡 When is it better to wait? If there is no clear signal of a rebound, there is no need to rush into a position.
💡 My advice to investors: If you decide to buy, don’t put all your capital into a single trade. Divide your investment into installments, and keep some cash on hand in case of a further decline. Don’t use leverage or invest money you’ll need.
Bottom line: The Solana project has strong use cases in decentralized applications and payments, but a strong project doesn’t mean the price won’t keep falling.
💬 Question for discussion: Would you buy SOL at $90, or wait for a further drop before entering?
#SOL #Solana #Crypto #BinanceSquare #sol板块 #solana
