Our previous #analysis successfully identified the $190–$230 range as a critical resistance and exit zone. With $SOL currently trading near $95.95—representing a ~60% correction from those local highs—the data suggests we are entering a significant accumulation phase.
Key Support Levels to Watch:
Primary Interest Zone: $71.00 – $99.00 (Current Range)
Macro Floor: $46.00 – $57.00 (Historical Value Zone)
The Outlook:
While the short-term price action remains volatile, our long-term thesis on the Solana ecosystem remains intact. The current drawdown provides a strategic opportunity for Dollar Cost Averaging (DCA). Success in this market is rarely about timing the absolute bottom; it is about exercising patience when sentiment is low.
Conclusion: Avoid impulsive entries. Build positions systematically.