🔥 SOLANA: DIP OR END OF AN ERA? 🔥

🚨 SOLANA CRASHING?! Today's SOL price dropped drastically by -5.5%, touching the level of $119. Many are panicking, but there are also those who are *loading the dip!*

💰 What Caused It?

- Unlock FTX🚨: 11.2 million SOL released to the market, increasing selling pressure!

- Bear Trap? 🐻❌: Many *short* positions, could be a fake bearish scenario before SOL soars again!

- Fundamentals Still Strong?🔥: TVL & Solana's on-chain activity remains high, many *meme coin* & DeFi projects are still active!

📉 Next Actions?

👉 Buy the dip? 🚀

👉 Wait for reversal confirmation?🤔

👉 Or will SOL continue to drop?😱

Comment below, is this a golden opportunity or a trap?! ⬇🔥

#solanAnalysis $SOL

SOL
SOL
136.94
+2.88%