• Current price: 146$SOL
• 24-hour change: down ~9-10%, dipping significantly from recent highs
• Intraday range: between ~$142 and ~$160
• 24-hour volume: approximately $6 billion across exchanges
📊What This Means
Bearish momentum: A ~10% drop suggests broader crypto market selling pressure.
Support around $142-144: This zone appears to be a short-term floor, holding for now.
Resistance near $160: This was the peak during today's rebound attempt-watch for a breakout above it.
• If You're Holding Trading SOL
1. For Holders:
If you're long on SOL, this dip could be a buying opportunity-as long as you're comfortable with volatility.
Consider adding at current levels but establish stop-loss around $140 to manage risk.
2. For Traders:
Watch for a bounce off support (~$142) to scalp gains.
An exit near $155-160 might lock in short-term protits.
3. General Tip:
Keep an eye on BTC/ETH trends-SOL often mirrors broader crypto moves.
Any major news-like protocol upgrades, network outages, or macro events-can trigger rapid price swings.#MarketPullback #TrumpTariffs #ETH