#solana PUMP SIGNAL ๐๐ธ๐ธ ๐ธ ๐
Position: Long
#SolanaUSTD showed stronger performance than Ethereum for 23 out of 49 days this year, but its volatility is hitting harder. ๐ As of Feb 17, SOL is down 32% in the last 30 days, compared to ETH (-17%) and BTC (-8%).
Don't worry about you Solana here, it has approached a very strong support level ($155 - $165) that must hold the price from falling lower.
It acted strong through the whole 2024.
However, I'd advise you to reconsider your long-term expectations from this coin for the reasons outlined in the previous post.
+ Some "fun" fact: President of United States of America has already launched his meme coin on this chain. What else should happen on Solana for it to go higher?
๐ง No doubt, when Altcoin Season finally happens, SOL can go over $300 and higher, but it doesn't sounds like the strongest argument for holding, right?
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