SOL Coiling Tight: Is a Explosive Move Imminent? 🧨⚡
Solana is trading at $196.44, holding steady just above its 24-hour low in a classic consolidation pattern. Despite a slight dip today, SOL remains up +2% this week and shows strong +29% gains over 6 months!
Trading in a tight range between $201 and $190, this Layer 1 leader is building energy for its next major move. The massive volume and slight green candle suggest buyers are accumulating at these levels. When SOL coils this tight after a strong run, the resulting breakout tends to be powerful.
Are you positioning for SOL's next big move or waiting for a clearer signal?