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Everyone thinks $SOL is dead, but this range is telling a different story.
We’ve been bleeding for months and the 90-day stats are pretty ugly, down almost 40%. But if you look at the daily chart right now, we’re actually forming a decent floor around that 78 to 80 dollar zone. It’s a boring sideways grind, but boring is usually where the smart money accumulates.
We just hit 88.35 and there’s some clear resistance sitting right at 92. If we can’t clear that, we’re just going to keep bouncing in this box. Volume is still a bit thin, so I’m not expecting a moon mission today. I just want to see if we can hold this higher low.
The order book is actually leaning slightly bullish with more bids than asked right now. I’m watching that 92 level like a hawk. If we break it, things can get interesting fast.
Are you buying this dip or waiting for 70?
#EthereumFoundationAdvancesDVT-liteStaking