Bitgolder

SOL USDT SOLANA : LOOKING REALLY WEAK! 1ST TARGET $12 THEN $3

Short
Bitgolder Updated   
BINANCE:SOLUSDT   SOL / TetherUS
SOLANA has really tanked since its all time "hype" high. Its probably almost complete in its correction however the indicators and technicals are not showing a bottom is in and showing continued weakness. Its expected because this was just another hype train that everyone jumped on and the smart ones have already gotten off where they should have. Still a few passengers left on the train riding it off the cliff, maybe they like that adrenaline rush. This project was all hype and that hype is fading. I would get out while you can still take some profits or cut your losses and leave with something. You can wait and hope for a bounce which probably will happen but it will be short lived. The bounce may even come after it hits the $10-$12 range and bring it up to about $30 or so which is still less than the price is now so essentially you wont really be benefiting from this bounce. This project has no real world value and is mostly just a pump and dump, kinda like ADA and LUNA to name a couple. I got off this train right where I should have when they were handing out $250 bills because I knew it was unsustainable.

This is not trading or financial advice, this is just my opinion. Thank you!
Comment:
The log chart looks even more Awful! Look it went straight up and now its coming straight down. If you bought at the top then I am sorry but you should cut your losses now. If you bought at the bottom and sold at the top then kudos to you, Ill be buying with you at $3 $2 $1 and maybe a little lower. Not trading or financial advice just my opinion. Good luck out there my friends.

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