While everyone was watching Bitcoin, the real blow came from where we least expected it. Today’s plunge in SOL below $78 isn’t just a correction; it’s a cascade of liquidations. But whilst the crowd panics, strange things are happening in the chart.
3 facts you can capitalise on right now:
We’ve broken through SOL’s ‘concrete’ $80 level. Right now, the price is testing $77–$78. Look at the volumes: there are huge ‘buckets’ of market makers at these levels. If we hold, it will be the fastest rebound of April. If not, we’re heading into the void towards $70. Short sellers are already overextended; a short squeeze could happen at any moment.
ENA (Ethena): Another 40 million tokens were dumped onto the market today. Price: $0.084. But take note: the Relative Strength Index (RSI) is already at the bottom. Selling here means feeding the whales. I’m waiting for stabilisation and a sharp rally to $0.10 as shorts are closed out.
$WLD (Worldcoin) – Target $0.35? Despite the general negativity, WLD is holding its support. As liquidity is being drained from oil-backed tokens and heavy L1s, speculative capital is starting to look for safe havens.
I have set a grid of limit orders on $SOL from $77.5 and on $ENA from $0.082.
⚠️ Warning: Volatility is off the charts. Check the tickers below and review your stop-losses. Now is the time to either take profits on the panic or become liquidity for those who are smarter.