SOL holding $76 while meme coins go wild on its chain ā infrastructure always wins šļø
Current picture: $76.55, flat, volume $94.4M (healthy). RSI 60 on 4h, consolidation phase. SMA7 > SMA25 on 4h but below SMA99 on daily ā mixed signals.
Why this trade: Every meme coin launched on Solana = more gas fees = more SOL demand. While degens chase 100x pumps, smart money accumulates SOL at $75-80. The picks-and-shovels play of this meme season.
The trade:
š Entry: $74-77 (scale in here)
š Stop: $70 (below psychological support)
šÆ TP1: $82 | TP2: $90
Risk/reward: 1.2R with strong fundamental tailwind.
Are you buying SOL or chasing meme coins? š
#SOL #Solana #Infrastructure #DYOR
ā ļø Disclaimer: Not financial advice. Crypto is volatile. Do your own research.
Current picture: $76.55, flat, volume $94.4M (healthy). RSI 60 on 4h, consolidation phase. SMA7 > SMA25 on 4h but below SMA99 on daily ā mixed signals.
Why this trade: Every meme coin launched on Solana = more gas fees = more SOL demand. While degens chase 100x pumps, smart money accumulates SOL at $75-80. The picks-and-shovels play of this meme season.
The trade:
š Entry: $74-77 (scale in here)
š Stop: $70 (below psychological support)
šÆ TP1: $82 | TP2: $90
Risk/reward: 1.2R with strong fundamental tailwind.
Are you buying SOL or chasing meme coins? š
#SOL #Solana #Infrastructure #DYOR
ā ļø Disclaimer: Not financial advice. Crypto is volatile. Do your own research.