The price of $SOL has declined accompanied by high transaction volume and open interest. Market logic suggests a need to distinguish between long liquidation or major player selling. Currently, there are no clear signs of a bottoming absorption in the market; we need to wait for selling pressure to exhaust or for a clear support structure.
🎯 Direction: Stay out
Wait for price action to provide clearer signals. Small losses, big gains; what you earn is the probability money.
Trade here 👇$SOL
SOLUSDT
Perp
82.64
-5.00%
---
Follow me: Get more real-time analysis and insights into the crypto market!