๐ $SOL /USDT: Catching a Knife or Buying the Bottom?
$SOL is testing everyoneโs patience. After a brutal 45% slide from the January highs, we are finally seeing a pulse. We just bounced off a local low of $76.60 and are currently sitting at $80.18.
The Tape Doesn't Lie
On the 15m chart, the trend is trying to flip. Weโve reclaimed the EMA(7) and EMA(50), and for the first time in days, the EMA(100) ($79.19) is acting as a floor instead of a ceiling.
But letโs be real: the macro view is still ugly. Weโre down 44% this month. This isn't a "moon mission" yetโitโs a fight for survival.
The Game Plan:
๐ The Bull Case: If we can clear the $82.25 resistance with actual volume, we might have some room to breathe toward $88.
๐ก๏ธ The Hard Truth: If $79.00 fails to hold on the next retest, the bounce is dead. A break below $76.60 opens the door to the $60s.
Whales are starting to move liquidity back into the ecosystem, but retail is still terrified. This is exactly where the most money is madeโor lost.
Are you bidding this dip, or are we going lower? Let me know below. ๐
#CPIWatch #CZAMAonBinanceSquare #BinanceAITrading #USNFPBlowout #TrumpCanadaTariffsOverturned $SOL