$SOL
Hey guys, yeah, SOL casually dropping from 98 to 84 is totally nothing… just a harmless little dip, right? Never mind that every EMA is stacked above like a brick wall, and the 20-day at 87.8 is acting like VIP-only resistance.
Funding rate’s still negative too, but sure, let’s pretend the big players are secretly bullish while doing absolutely nothing to show it. Oh, and there’s just a tiny $19.26M sell order from a whale sitting there… definitely the perfect environment to start “bottom fishing.”$NIL
Right now, 82 is the so-called “floor,” which the market clearly looks eager to test. Meanwhile, 90 is the “ceiling” — and yeah, we’re definitely smashing through that any minute now… said no chart ever.
The genius move? Wait for a bounce to 88, then short it back down toward 80. But if you’re feeling lucky and want to catch a falling knife, at least wait for 82 to magically hold with strong volume — otherwise you’re basically donating money to the market.
Retail is packed in here like it’s a concert, and if 82 cracks, we’re probably heading straight to 76–78. So yeah, maybe don’t get too emotionally attached to your bags.$PHA
But hey, just a “personal opinion,” obviously. Not like the chart is screaming it already.
