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SOL? Bro, let me tell you something real.
I personally placed a long order, with the stop-loss below the neckline. Even if I lose, it’s not much, and there’s some room for a $500 move up. That’s enough.
The ecosystem data isn’t fake—500 million daily active users, Jito earning 20 million a month. The money is real, not just inflated numbers.
Institutions are rushing in, Grayscale Trust is trading at a 30% premium, BlackRock and Fidelity are secretly buying. These guys are smarter than you; if they were bearish, would they be rushing in?
The FTX incident is over, the biggest shock is gone. The chips are much cleaner now.
I won’t bother with technical indicators, but the weekly cup and handle has broken out. When this pattern appeared last time, SOL went from 30 to 260.
I’m not hyping 500, just look at the current situation: buy now, set your stop-loss below, and you won’t lose much. The upside potential is for you to weigh.
Once you buy in, do as you please.
$SOL