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COINJAK
COINJAK
$SOL Hey guys, SOL dropping from 98 to 84 isn’t a joke. All the EMA lines are stacked above, and the 20-day line at 87.8 is a solid resistance. The funding rate is still negative, indicating that big players haven’t flipped bullish. There’s a whale with a sell order of 19.26 million USD worth of SOL just waiting to unload—this isn’t a signal to bottom fish, it’s a "run for it" signal. Right now, the floor is at 82, and this drop is likely aiming to test that level. The ceiling is at 90, and there’s no way we’re breaking through that in the short term. The short strategy is to wait for a bounce back to 88 before jumping in, targeting a take-profit around 80 with a sell-off. If you really want to gamble on a rebound, you need to wait for 82 to hold strong with volume before making any moves; otherwise, you’re just throwing your money away. It’s super crowded for retail traders right now; if 82 breaks, we’re heading straight to 76-78, so don’t hold on too tightly. This is just my personal opinion for reference, not investment advice. If anyone has different views, let’s discuss in the comments #FedHikesBackOnTheTable #TrillionDollarIPOs #SECTokenizationDelay

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