strong signal for SOL
đ SOL Market Breakdown â From Strength to Exhaustion
The bullish momentum in $SOL has collapsed. The uptrend failed to push into new highs â a textbook sign of exhaustion â followed by a sharp and aggressive breakdown. This isnât a mild pullback; itâs a structural shift, where sellers have taken full control, driving price into a rapid, painful drop.
⥠For Short-Term Traders:
The chart is a minefield. The upward structure is broken, momentum is heavily bearish, and while the RSI looks deeply oversold, thatâs often a trap â luring buyers just before the next wave lower. The smart move? Stay sidelined until SOL proves it can build a stable base.
đ For Long-Term Investors:
This is where conviction meets opportunity. Fear and panic always set the stage for long-term bargains. Instead of chasing bottoms, scale in gradually â building a strong cost average over time. Patience and discipline win here.
â ïž Reminder: This is not financial advice. Always stick to your own plan and timeframe.
$SOL
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