SOL bulls have one job right now
defend $88–$91
That’s the support zone everyone should be watching
What happens if $SOL bounces towards $97–100, gets everyone excited again, and then gets rejected?
That would be a pretty expensive welcome party for late buyers
Lose current support and $75.50 comes into the picture
Sometimes the market doesn’t need to dump immediately
It just needs to convince everyone the bottom is in first
defend $88–$91
That’s the support zone everyone should be watching
What happens if $SOL bounces towards $97–100, gets everyone excited again, and then gets rejected?
That would be a pretty expensive welcome party for late buyers
Lose current support and $75.50 comes into the picture
Sometimes the market doesn’t need to dump immediately
It just needs to convince everyone the bottom is in first