SOL's price action is looking pretty compelling right now. That rounding bottom formation has finally broken through on the daily chart, and it's not subtle.
Back when SOL was trading around 120, most traders were calling it done—but the accumulation was happening quietly. Now? The momentum's completely flipped. We're looking at a potential run toward 190 and beyond.
Here's the thing: when a reversal this clean shows up, fighting it isn't worth the risk. The trend has shifted, and shorting into this kind of setup is a tough spot to be in. Sometimes you've got to respect what the market's telling you.
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MemeTokenGenius
· 7h ago
Sol's reversal this time is quite fierce. The guys who bought at 120 and held on until death are finally going to turn around.
But can it really reach 190? I'm afraid this FOMO might make me the bag holder.
Shorting at this position is just asking for death. I like what I see.
There should still be some volatility before 190. Don't be too greedy.
Honestly, anyone who dared to buy at 120 probably made a lot of money already.
The technicals do look quite comfortable, but the crypto world is full of tricks...
I bet five bucks it can push to 190. If I lose, just pretend I never said anything.
What happened to the group that was bearish on Sol back then?
It's actually just an accumulation phase, no one paid attention to it. Now it's too late to catch the bag.
Such a clean reversal is rare. This time, it might be for real.
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GateUser-9ad11037
· 7h ago
SOL's recent reversal is indeed fierce. When it was at 120, many people were bearish, and now it's a slap in the face.
190 really doesn't seem like a dream anymore. Going with the trend is the way to survive.
The group that was shorting should wake up; the market doesn't negotiate with you.
The pattern of this rebound is clear. Why insist on going against it?
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rug_connoisseur
· 7h ago
Sol is back up. I didn't hold any positions around 120. Now it looks comfortable.
NGL, this reversal is really clean. The guys who shorted should probably cut their losses.
190? Hold on, let's see if it can stabilize above 175 first.
Accumulation is a good term, but I still believe in volume as the indicator.
The people who shorted earlier are probably eating dirt now. I'll just watch quietly.
SOL's price action is looking pretty compelling right now. That rounding bottom formation has finally broken through on the daily chart, and it's not subtle.
Back when SOL was trading around 120, most traders were calling it done—but the accumulation was happening quietly. Now? The momentum's completely flipped. We're looking at a potential run toward 190 and beyond.
Here's the thing: when a reversal this clean shows up, fighting it isn't worth the risk. The trend has shifted, and shorting into this kind of setup is a tough spot to be in. Sometimes you've got to respect what the market's telling you.