The closely followed merchants believe that the tier -1 protocol Solana (SOL) may have flashed a strong reversal signal.
Mortal, a clear merchant, says Solana seems to have set a large bare trap with a short price of $ 100 earlier this month to 231,500 followers in social media platform X.
Bear traps seem to be at a much lower level of assets, but instead, the price suddenly reverses and the rally becomes trapped.
Saying INMORTAL
“The weekly candle is probably the largest bear trap I saw.
The analyst now believes that SOL is setting a strong stage for a new all -time high of $ 340 by December 2025.
“If you look back, it will be too clear.
At the time of writing, Solana is trading at $ 128.19, down more than 3% on the day.
Looking at Bitcoin, INMORTAL believes that BTC will be traded between $ 74,000 and $ 95,000 for the next few months.
“I look forward to this.
> Bounce for $ 90,000
> More Chop/Ranging ($ 67,000 perhaps)
> In the second half of this year
This may not be the exact order.
BTC. ”
Based on the trader’s chart, he seems to be suggesting that Bitcoin will be nearly $ 130,000 by the end of 2025. Bitcoin is worth $ 84,943 when you start writing.
Returning to Memecoin Floki (Floki), INMORTAL thinks that Altcoin is a price level that can potentially pioneer the main cycle floor.
“I accumulate more floki at this level.
RSI (relative robbery index) is the same as 700 days ago, and the price is in advance. ”
RSI is a momentum indicator that helps traders find their levels in excess or over -purchased. At the time of writing, Floki is worth $ 0.000057.
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Created image: Midjourney