🚨 SOLANA AT CROSSROADS: $80 Support is the Final Line in the Sand! 🛡️
The tension in the market is palpable. $SOL is currently battling to hold the $80.00 psychological level. After a massive retracement from the $100+ zone, we are witnessing an "Extreme Fear" phase in the market (Index at 14!).
Key Technical Insights:
Oversold Signals: The RSI on the 4H chart has dipped into the "Oversold" territory, suggesting that the selling pressure might be exhausted.
The Rebound Play: Historically, Solana has been one of the strongest "bounce-back" assets. If we maintain this $80 floor, the next relief rally could target $88 - $92 rapidly.
Volume Profile: We see buyers stepping in at these levels, trying to absorb the panic-selling.
My Take: This isn't just about a price drop; it's about a liquidity reset. I am watching for a "Double Bottom" confirmation before entering heavy. If $80 fails, the next stop could be $75, but the risk/reward here is becoming too attractive to ignore.
What’s your move? Are you 🟢 Loading the Dip or 🔴 Waiting for $75?
Click the $SOL
to check the live chart and set your orders! 👇
