SOL coin first pumped from 123 to 133, then again moved from 121 to 130, and after that it dumped down to 116.
Yesterday, when SOL was around 121–122, a buying update was shared in the group. When the price touched 129 and started to come down, it was clearly mentioned that short positions could be taken there and long profits should be booked.
Many people are linking this move to CPI data and Japan’s rate hike, but the real point is that technical analysis and market sentiment already show the direction in advance.
Chasing news does not give you a good entry or a good exit.
So, keep trading simple, use a desi (practical) approach, and don’t make your trading unnecessarily complicated.$SOL
SOLUSDT
Prep
125.85
-0.16%