David_Watt
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$SOL /USDT Market Update – Key Support Broken!
Solana just took a heavy hit — dropping over 7.5% in the last 24 hours and falling below the crucial $110 support level. This is a major move, as that zone had held strong for nearly 15 months. Now that it’s broken, things are starting to look shaky for both long-term holders and short-term traders.
To put it in perspective: the last time SOL was trading under $110, it was climbing back from the $8 lows. Since then, it rallied all the way to $295. But with this breakdown, that bullish momentum is under serious threat.
If SOL doesn’t recover and reclaim the $110–$115 zone soon, we could be staring down at the next major support around $95–$100. It’s a time to stay cautious — don’t try to catch falling knives. Wait for solid reversal signs before jumping into new positions.
Stay sharp out there — the market’s sending a clear signal.
Solana just took a heavy hit — dropping over 7.5% in the last 24 hours and falling below the crucial $110 support level. This is a major move, as that zone had held strong for nearly 15 months. Now that it’s broken, things are starting to look shaky for both long-term holders and short-term traders.
To put it in perspective: the last time SOL was trading under $110, it was climbing back from the $8 lows. Since then, it rallied all the way to $295. But with this breakdown, that bullish momentum is under serious threat.
If SOL doesn’t recover and reclaim the $110–$115 zone soon, we could be staring down at the next major support around $95–$100. It’s a time to stay cautious — don’t try to catch falling knives. Wait for solid reversal signs before jumping into new positions.
Stay sharp out there — the market’s sending a clear signal.
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