๐จ $SOL is waking up after the drop! ๐จ
After that sharp sell-off ๐, $SOL is starting to calm down ๐. Weโre seeing early signs of a bounce โ short-term moving averages are crossing, which usually means a relief move could be coming! ๐๐
๐ *What to watch next:*
Price is heading toward a key resistance zone โ the 200-period moving average ๐งฑ. This is where sellers hit hard last time ๐ฅ.
If $SOL gets rejected here โ, itโs likely just a bounce before more downside.
But if it breaks and holds above it โ , the short-term trend could flip bullish! ๐
๐ฏ *Bullish breakout zone:*
If SOL climbs and stays above *124.6โ125*, we could see a push toward *127 โ 129* ๐ฅ๐
โ ๏ธ *Bearish breakdown zone:*
If it fails near the MA200 and drops below *122.8*, then *121.5 โ 120* is back in play ๐๐ณ๏ธ
๐ง *Smart move?*
Let SOL show its hand at the MA200 before making any big plays. No need to rush โ let the chart speak first! ๐๐
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