SOL was hit today - dropping from $186.80 to around $174-175 📉.
$SOL
A giant whale cashed out 162,000 SOL in just two hours, taking profits. The short-term chart is dominated by red candles.
But wait… the story isn’t over yet!
💰 A whale just scooped up 71K SOL ($12 million) and staked it on Kamino.
🏦 Since mid-July, ETF inflows have reached $137 million.
📊 In terms of SOL, the TVL (Total Value Locked) has reached a three-year high.
⚡ Network activity is breaking records!
Key levels to watch:
🛡 Support level: $175 - Holding this support could push the price back to $181-183.
🚀 Breaking $178 with significant volume → Target price of $189 - $200.
⚠ If it falls below $174, it may face more downward pressure.
Trading tips:
✅ Holders: Do not panic sell near the support level.
✅ Buyers: Wait for clear signs of a rebound.
✅ Traders: Use strict stop-losses below $174.
The fundamentals of SOL remain strong, so if market sentiment reverses, a strong recovery is just around the corner! 💪🌊