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$SOL
Looking at this SOL/USDT chart, it’s one of those days where you realize the market just needs a second to catch its breath. After that run up to 90.06, seeing it settle back down feels less like a "drop" and more like a necessary reset. It’s a good reminder that progress isn't always a straight line up; sometimes the best moves happen during the quiet regrouping.
Right now, we’re sitting at 88.75, with the moving averages (MA7, MA14, MA28) all bunching up around the 88.91 mark. It’s that classic tension before a breakout. Here’s how I’m approaching this moment:
The Setup
• Entry: Watching for a solid reclaim of the 88.75 - 88.90 zone to confirm we’ve found a floor.
• Target: Aiming back for that 24h High of 90.06. If we break that with volume, the momentum is back.
• Stop Loss: Keeping it realistic. If we slide under the recent support of 87.47, I’m stepping back to re-evaluate.#GateSquareMayTradingShare