SOL just formed a rounded bottom and is testing that resistance level again. Every time Solana makes a significant move, we typically see some profit-taking flowing back into the trenches—that's the natural rhythm of the market.
When SOL breaks and runs, the risk-reward setup becomes more attractive for the next leg up. Keep an eye on how it handles this level. If momentum sustains, altseason narratives might heat up again, and we could see more narrative-driven tokens gaining traction. Time to ride the wave and maybe help some of those dormant projects get their moment back.
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SOL just formed a rounded bottom and is testing that resistance level again. Every time Solana makes a significant move, we typically see some profit-taking flowing back into the trenches—that's the natural rhythm of the market.
When SOL breaks and runs, the risk-reward setup becomes more attractive for the next leg up. Keep an eye on how it handles this level. If momentum sustains, altseason narratives might heat up again, and we could see more narrative-driven tokens gaining traction. Time to ride the wave and maybe help some of those dormant projects get their moment back.