Mysterious 'Whale' What is it buying for me?
🌊 Solana price plummets, but whales are quietly buying! 🐋$SOL
Recently, the price of Solana (SOL) has fallen below $190, dropping 11% in seven days. Despite the bleak market sentiment, whale investors are increasing their holdings, rising from 5025 addresses to 5098, showing that their confidence is recovering!📈
Technical indicators show that the market is still in a bear market, but if buying momentum resumes, SOL is expected to challenge the resistance level of $197, and it may even rebound to $211!💪
Currently, SOL is facing the signal of a 'death cross', where the short-term moving average has fallen below the long-term moving average, indicating a potential further decline to $185 in the short term.🚨
However, the continued buying by whales may bring hope for a reversal for Solana! Everyone can pay attention to this dynamic and see if SOL can welcome a turning point!✨