The Reality of Technical Analysis in the Crypto Market 📊
$SOL's Next Move: Is $90 Possible?
In crypto trading, many people assume the market will follow charts perfectly. However, always remember: Technical Analysis is a probability, not a certainty.
Solana ($SOL) is currently at a critical junction. While some charts point toward a re-test of the $90 level, nothing is "final" in the world of crypto.
Key points every trader should keep in mind:
News over Charts: Major news (like ETF updates or new regulations) can invalidate all technical indicators in seconds.
Market Sentiment: Understanding "Fear & Greed" is often more important than identifying technical levels.
Risk Management: Since TA is never 100% guaranteed, always use a Stop Loss to protect your capital.
My Take: If $SOL hits the $90 mark, it could be an excellent buying zone. However, instead of a blind entry, it’s wiser to wait for market confirmation.
What do you think? Will Solana touch $90, or will it bounce back from here? Share your thoughts in the comments below! 👇
#SOL #CryptoTrading #TechnicalAnalysis #BinanceSquar #RiskManagement
