SOL / TetherUS
Short
Updated

SOL in an interesting spot here

Unlike Ethereum, Solana has yet to reach its green Overall Correction Level (OCL). This makes it crucial to watch for any potential reactions there. Given the broader market sentimentβ€”where every other cryptocurrency seems to be circling the drainβ€”I anticipate SOL to follow suit and aim for the orange resistance line below.

That said, the market still holds full legitimacy to react at the OCL, potentially presenting us with another correction level entry at the 0.559 Fib. You know the playbook by now: stay patient, wait for confirmation, and execute when the data aligns.

For now, we’re already positioned. So, we sit back, observe, and let the market do the talking. No rushβ€”just precision.
Trade active
Nothing fancy hereβ€”just like BTC keeps falling, we follow suit. Targets are locked in, so trade accordingly and skip the unnecessary risks. For those desperate to jump in, I’ve marked the next relevant turning area for you. Stick to the plan, or don’tβ€”it’s your move.
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