🧵 SOL: Pullback or start of another leg down?
📉 After hitting $155.80 in the last 24h, Solana got rejected hard and pulled back.
Is this a buying opportunity — or the start of more pain? Let’s break it down 👇
🌐 Daily Chart - SOL/USDT (July 2025)
🟢 Current Price: $146.54 (-5.63% today)
🔻 Recent Low: $126.00
📉 EMA 7/25/99:
Price is now below EMA25 ($148.87) and EMA99 ($154.03)
EMA7 is curling down = short-term weakness
🟡 RSI (6): 48.45 → Neutral zone, no clear momentum
✅ SOL tried to break above the 99-day EMA but failed to hold.
The move looks like a technical bounce, not a confirmed reversal.
💡 Does DCA make sense here?
➡️ Price still well above local low ($126)
➡️ RSI is neutral, no edge for oversold entries
➡️ Volume is decent, but buyers haven’t taken control yet
🟡 Bottom line: not the ideal spot to start DCA, but it may be valid if:
You believe in SOL long term
You plan to spread buys over weeks/months
🧠 Why DCA could still be useful here:
✅ Avoids going all-in during fake rallies
✅ Smooths entries in volatile markets
✅ Keeps emotions in check (no FOMO)
🫡 Remember: just because price is dropping doesn’t mean it’s time to buy.
DCA is a mindset, not a shortcut.
📌 This is not financial advice. Always DYOR.
