SOL a lot of people wanted to buy this coin for $200. But when it went down to $120, for some reason people don't want to buy it. Now a trend line is forming on the chart. Before that, the price has approached the liquidity zone. Whether this will be enough for an upward move is unknown. But after a drop of 30%, a rebound is very likely. If the price breaks the trend line and tests the support level, it will be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade