In my opinion, traders must not got ahead of themselves with the current price action. I believe that there is still potential for further downside. If $56,000 does not hold as support, I believe that there is a likely chance of price visiting lower to $36,000-$38,000. I have closed my long trades because I do not like the local price action in terms of supporting a bullish bias. I am short on Solana with invalidation @ above $142.
This trade idea is not financial advice. I am not any kind of financial advisor.
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