🚨 CPI DAY, family! Solana's next big move could start today. 🚨
The US inflation report is dropping today, and SOL traders need to stay alert. Solana is hovering around $145, with the market waiting for a major macro trigger. Expect extreme volatility when the numbers hit.
CPI Forecast:
Headline CPI: +0.6% monthly
Core CPI: +0.2% monthly
Previous headline CPI: +0.4%
$SOL Two Scenarios to Watch:
Bullish case: If inflation comes in cooler than expected, SOL could gain massive momentum. A clean reclaim of $152 would be the key level to watch for a breakout.
Bearish case: If inflation comes in hotter than expected, rising rate expectations could pressure SOL. Watch the 138 support areas very closely.
My game plan: No blind entries before the data. Let SOL react, watch the breakout or breakdown, and wait for confirmation before taking a trade.
Family, CPI can move the market in either direction. Protect your capital, avoid excessive leverage, and don't let FOMO control your decisions.
Stay ready, not reckless. Let's trade the reaction, not the prediction.
NFA | DYOR
$SOL
The US inflation report is dropping today, and SOL traders need to stay alert. Solana is hovering around $145, with the market waiting for a major macro trigger. Expect extreme volatility when the numbers hit.
CPI Forecast:
Headline CPI: +0.6% monthly
Core CPI: +0.2% monthly
Previous headline CPI: +0.4%
$SOL Two Scenarios to Watch:
Bullish case: If inflation comes in cooler than expected, SOL could gain massive momentum. A clean reclaim of $152 would be the key level to watch for a breakout.
Bearish case: If inflation comes in hotter than expected, rising rate expectations could pressure SOL. Watch the 138 support areas very closely.
My game plan: No blind entries before the data. Let SOL react, watch the breakout or breakdown, and wait for confirmation before taking a trade.
Family, CPI can move the market in either direction. Protect your capital, avoid excessive leverage, and don't let FOMO control your decisions.
Stay ready, not reckless. Let's trade the reaction, not the prediction.
NFA | DYOR
$SOL