Solana
Long

SOL bottom scenario

Updated
I believe SOL might be a very good bet down here:

- down 96% from the highs
- Bitcoin trading in deep value zone
- market sentiment reached extreme bearishness
- at least ready for a counter-trend rally
Note
Yesterday SOL tagged the 0.618 level outlined in the chart, during the latest wave of panic.
Let's see if it holds...
Note
SOL price action compressing. Looks ready for continuation.
bottomcryptoCryptocurrencyEconomic CyclesreversalSOLsolanasolusdtSupport and Resistance

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