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, it almost always snaps back toward center. We're watching that snap-back happen right now.
Here's the encouraging part: Look at that massive green volume bar when we hit bottom at $67. That explosion of buying activity? That's typically big players stepping in while retail investors are running for the exits. They know panic creates opportunity.
The RSI indicator at the bottom shows we've climbed out of deeply oversold territory (currently at 37.57). Think of it like a pressure gauge—when it's too low for too long, a release upward becomes almost inevitable.
What This Means for You:
That dramatic plunge followed by the sharp V-shaped recovery isn't random. The long green candle bouncing off $67 shows strong rejection of lower prices—buyers are defending that level.
Sure, volatility isn't going anywhere soon. But here's what experienced traders know: the best entry points often come when everyone else is scared. Those stomach-churning drops? They're often where fortunes get positioned for the next run.
#SOLUSDT #GateIO #CryptoTrading #TechnicalAnalysis #BuyTheDipOrWaitNow?