TraderNotes

# seeking assistance for loss. What should i do?

🧵 SOL/USDT Quick Market Check – Is This Bounce for Real?
Current Price: $129.70
24h Drop: -7.53%
24h Low: $126.51

We saw heavy selling pressure today on SOL, dragging the price down to $126. But now it’s trying to breathe again, bouncing slightly back to around $129.

RSI has recovered to around 50 on the short-term chart, which tells us there’s some strength returning. But the overall trend is still weak — price is still stuck below the major moving averages like MA(25) and MA(99).

Volume also shows us something important: 📉 lots of activity during the dump, but now the bounce is happening on lower volume — that’s not a great sign of strong buyer conviction.

🔍 Key Zones I'm Watching:

Support: $126 (if this breaks, we might see $124 next)

Resistance: $131 – that’s the first area bulls need to reclaim

Bigger hurdle? $135–$136 zone

🧠 My Take:

Right now, this looks like a small relief bounce, not a full reversal yet.
If SOL can push above $131 with some solid volume, maybe we see a stronger move.
But if it slips back under $128… the sellers might take control again.

I’m keeping it light until the market shows clearer strength. No FOMO. 🎯

$SOL

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