The day before yesterday, I emphasized that SOL's rebound to 83.96 was the 0.618 level of the larger wave. It stalled for a few days without moving forward. Only if it breaks 84 can we look at 87-91. Above 80, chasing is definitely not advisable. If it doesn't break, it will "drift" towards 78-75, so only buying on dips is viable. You can enter a short long position near 76.5/75.25. If it can reach the 72.85-67.85 range, that would be a short-term bottom fishing opportunity.

SOL3.60%
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