Not good—SOL is down 5.2% in a day
Anyone still awake has probably seen it: SOL at $90.00, down 5.2% over 24 hours, with $230 million in volume and a volume ratio of 1.3. BTC also moved, down 5.2% ($1.86 billion).
Support is at $89.86 (right below us); if that breaks, the next level is $82.67. Even a strong rebound would only reach resistance at $109.20. If it can't break through, reduce your position. Don't cling to losing trades—stick to your discipline.
If your position is small, you can wait for confirmation. If it's large, think about your stop-loss first. These are personal notes, not investment advice.
Share your levels in the comments.
The above is my personal market observation and is not trading advice. DYOR.
$SOL $BTC #SOL #BTC #MarketMoves
Anyone still awake has probably seen it: SOL at $90.00, down 5.2% over 24 hours, with $230 million in volume and a volume ratio of 1.3. BTC also moved, down 5.2% ($1.86 billion).
Support is at $89.86 (right below us); if that breaks, the next level is $82.67. Even a strong rebound would only reach resistance at $109.20. If it can't break through, reduce your position. Don't cling to losing trades—stick to your discipline.
If your position is small, you can wait for confirmation. If it's large, think about your stop-loss first. These are personal notes, not investment advice.
Share your levels in the comments.
The above is my personal market observation and is not trading advice. DYOR.
$SOL $BTC #SOL #BTC #MarketMoves