Crypto News N1
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Bullish
Currency 🚨SOL has lost critical support! Is the rebound just a "light return"? Time is running out for the bulls! ⏰️👌
On April 6, SOL was pressed directly by sellers, and the support area between $110-120 was completely lost, and the situation changed immediately, declaring: the downtrend has returned!
📉 It dropped to $95, but speculators only reacted quickly to buy, but……🔥
🔍 The important point here:
🚧 $110-120 at the top has turned into a new "downtrend trap" area, with significant pressure expected!
❌ If SOL rebounds here and then gets hit, the next target will be - $80, or even lower!
📈 Is there still hope for buyers?🔥⚡️
Yes! But you must be quick!
The only opportunity: a strong breakout and stability at
→ above the 20-day moving average ($124)
If you can do that, you will have a chance to attack: the 50-day moving average ($137)
⚠️ Summary in one sentence:
Is SOL now a rebound trap, or is it killing the speculators? $110-120 is the big barrier, $124 is the key to turning, $80 is the gate to hell!
Brothers, if you want to make short-term trades, you should focus on two main moves:
💥 Rebound near $120 - bearish outlook, place sell orders (set stop loss above $124)
🚀 If $124 is broken and stabilized - switch to buying, target at $137 $SOL
$PENGU
On April 6, SOL was pressed directly by sellers, and the support area between $110-120 was completely lost, and the situation changed immediately, declaring: the downtrend has returned!
📉 It dropped to $95, but speculators only reacted quickly to buy, but……🔥
🔍 The important point here:
🚧 $110-120 at the top has turned into a new "downtrend trap" area, with significant pressure expected!
❌ If SOL rebounds here and then gets hit, the next target will be - $80, or even lower!
📈 Is there still hope for buyers?🔥⚡️
Yes! But you must be quick!
The only opportunity: a strong breakout and stability at
→ above the 20-day moving average ($124)
If you can do that, you will have a chance to attack: the 50-day moving average ($137)
⚠️ Summary in one sentence:
Is SOL now a rebound trap, or is it killing the speculators? $110-120 is the big barrier, $124 is the key to turning, $80 is the gate to hell!
Brothers, if you want to make short-term trades, you should focus on two main moves:
💥 Rebound near $120 - bearish outlook, place sell orders (set stop loss above $124)
🚀 If $124 is broken and stabilized - switch to buying, target at $137 $SOL
$PENGU
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
SOL
151.85
+6.68%