We just saw a massive flush down to $77 and the bounce back to $78.52 feels a bit shaky. If you look at the 1h candles, we’re essentially just carving out a lower high after that bloodbath. The order book shows a lot of sell walls stacked up near $80. Unless we get some actual volume to punch through that, this is just a relief rally. I'm keeping an eye on the $77.15 level. If that breaks, things could get ugly fast. For now, it’s a waiting game to see if the bulls have any real strength left or if we’re just heading for another leg down. No need to rush into this one.
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Everyone thought the bottom was in for $SOL .
We just saw a massive flush down to $77 and the bounce back to $78.52 feels a bit shaky. If you look at the 1h candles, we’re essentially just carving out a lower high after that bloodbath.
The order book shows a lot of sell walls stacked up near $80. Unless we get some actual volume to punch through that, this is just a relief rally.
I'm keeping an eye on the $77.15 level. If that breaks, things could get ugly fast. For now, it’s a waiting game to see if the bulls have any real strength left or if we’re just heading for another leg down.
No need to rush into this one.
#TrumpAnnouncesNewTariffs