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SOL has been on a downtrend ever since, along with the TradFi markets and the wider crypto space. However, one thing to note is how each of the lows is showing less momentum.
$100 has always been a strong psychological reaction point for SOL. It spent less than three hours under 3-figures before beginning on its +35% rip over the past 10 days.
If the wider markets can begin to stabilize through here , then SOL stands as a prime candidate to make a very good counter-trend move.
#CryptoNews CryptoTrading #Crypto Solana #SolanaSeason MarketUpdate