Nobody expected Solana to behave like this today.

We were looking for a breakout, but instead, we got a nasty rejection at that local high. Right now, $SOL ‌ is sitting at 84.40, and it's looking heavy.
If you look at the daily, we’ve been chopping around this range for a while. The 24h low is 84.25, so we are literally hanging by a thread. If this level snaps, we’re likely heading back down to test the 80 or even 75 zone where the real support sits.
Volume is picking up on the sell side, which isn't a great sign for the bulls. I’m staying patient here. Catching a falling knife is a quick way to lose a finger.
Waiting for a clear sign of strength before I even think about a long position.

#CryptoMarketsDipSlightly