INJ is down 11%. The same people were hyping it as the next king yesterday, and today they’ve gone quiet. I get it—those who get it, get it.
SOL is only down 0.42% in 24 hours, so it looks pretty steady, but its volume ratio is just 0.87. Volume has shrunk this much and it’s still pretending nothing’s wrong.
This kind of price-volume divergence is the sneakiest thing: the price hasn’t fallen, but the volume has already run off. Just like people who say they’re not worried while their feet are already out the door.
Grinding in this narrow 82-to-86 range. The guys who bought in at the top are probably staring at the chart and chanting prayers right now.
I’ll keep posting live trades tomorrow. I’ve still left half a sentence unfinished in this post.
$SOL #Market