IATUSI

$SOL | Analysis | DYOR

Hi guys, getting back to you with updates on $SOL . We can see that price stays below Fib 50% for 3 days after liquidity grab. As I stated in my previous posts what is going on is an accumulation of long positions by whales at cheap prices. Again they buy now while retail traders sell in panic because of further price decline. Whales will sell at premium prices (above Fib 50%) while retail traders will buy being in FOMO.
A screenshot says almost everything you need to know to plan your positions. Those 3 liquidity pools are near targets for $SOL from my PoV. All of them are in premium price area. We also see a spike in volume which is usually a good sign for supporting further trend.
When liquidity pool is wiped out, wait for displacement in order to enter relatively safe short position. I do not want to confuse anyone or damage in any way therefore I do not to predict anything else right now because I do not see clear roadmap for this coin for now.