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🔥 MARKET FLUSH: HOT COINS ENTER RETEST PHASE 🔥
The Setup
$ETH : Rejected at $2,423 ➔ Retesting $2,360
$SOL : Rejected at $90.03 ➔ Retesting $88.20
#BNB : Rejected at $664 ➔ Retesting $646
$XRP : Rejected at $1.45 ➔ Retesting $1.42
Analysis:
After a massive vertical surge earlier today, the "hot coins" have hit a wall of sell orders. This isn't a crash—it's a healthy retest and correction phase. The market hit overbought conditions, leading to a sharp flush of late long positions as prices head back to verify local support levels.
Outlook:
The bulls are currently fighting to form a "higher low." If these support zones hold, we expect the consolidation to build the necessary liquidity for a secondary breakout attempt. Watch the volume if it stays high on the bounce, the trend is still your friend.
Stay calm—the retest is where the next entry lives.
#GateSquareMayTradingShare