Market Update: SOL Falls Below $90
According to the latest market data, SOL has dropped below the critical support level of $90, currently trading at $89.92.
The cryptocurrency experienced an 8.36% decline within 24 hours, signaling a notable shift in market sentiment.
Volatility Warrants Caution
This price drop highlights a significant increase in market volatility, prompting investors to pay close attention to risk management.
- Set appropriate stop-loss levels
- Avoid excessive leverage
- Monitor changes in market sentiment closely
In the current environment, having a disciplined trading strategy is more crucial than ever.