🔎Latest updates on $SOL
💹 Price action shows $SOL is priced at $124.49, experiencing a severe -10.18% crash as high-beta assets take a hit.
🛡️ According to CoinDesk, Solana often reacts violently to macro liquidity shocks. The unwinding of the yen carry trade has hit high-performance chains hard, causing a rapid repricing of risk despite the network's strong on-chain activity.
📈 According to technical analysts, $SOL has fallen below the $130 support. The chart suggests further downside risk toward $115 unless a strong reversal candle forms on the daily timeframe.
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⚠️ Remember that every investment decision is personal, and this content does not constitute financial advice.
#BearishAlert #Layer1 #sol #Write2Earn

