🔥 $SOL /USDT 9.24% Drop Alert!
Crypto fam, SOL has faced a significant pullback today! The price is currently at 108.10 (-9.24%) — this is a substantial dip, but it could be setting up for the next move!
⚔️ Technical Analysis:
$SOL made a high at 121.13 and dropped to 108.10 — a 9.24% correction from the top!
Right now, the price is consolidating around 108.10. The SAR (Parabolic SAR) indicator is likely showing a bearish signal, with the last SAR point around 106.28.
Volume: 3.61M SOL traded with a total of 410.31M USDT — confirming solid market activity, but the pullback is backed by a healthy volume of selling pressure.
📈 Momentum Insight:
If the price holds above 108.10, we could see a recovery back towards 113.14 – 117.01.
However, if 108.10 breaks down, the next support could be around the 106.28 – 105.40 zone, providing a possible dip-buying opportunity for those looking to enter at a better price.
💡 Crypto Man Pro Tip: $SOL is a Layer 1 powerhouse, and while it’s experiencing a pullback now, this often leads to a multi-wave rally after a period of consolidation.
This dip might be just the setup for a fresh push in the coming days!
⚡ Shocking Point: The last major SOL surge was around 121.13. If this correction turns into consolidation, we could see a bullish continuation once SOL stabilizes and finds its footing.
Crypto fam, are you ready for SOL’s next move?
Comment below 👇
