Gjotchua to my Jotchuans,
Another day, Another woof on the path to what’s promisedchua. Stay patient and accumulate to experience the inevitablechua. It’s imperative to lift a leg while embracing the money dog within all of you.
$Jotchua loves you anon.
My current technical view on solana:BcHEaaTCvycPwwsJ9yQTXdHP9X2gCLkznDbZ8VySpump :
solana:BcHEaaTCvycPwwsJ9yQTXdHP9X2gCLkznDbZ8VySpump is now retesting the previous breakout area around $2.5M MC, which I see as an important resistance zone in the short term.
I wouldn’t be surprised to see some sideways action from here.
The $2.5M–$4.5M MC range looks like a reasonable area for price to consolidate, absorb supply, and build a stronger base before the next expansion.
If that structure holds, my first major target would be the previous high around $7.5M MC.
But personally, I don’t see $7.5M as the final destination.
The broader market context matters here. If BTC can firmly break and hold above the $80K area, risk appetite across the market could improve significantly. In that environment, I think solana:BcHEaaTCvycPwwsJ9yQTXdHP9X2gCLkznDbZ8VySpump has a realistic chance of eventually revisiting its previous $14M MC peak.
For now, I’m watching the $2.5M zone closely.
Hold the structure, consolidate, then expand.
$7.5M is my first target.
$14M is where things get much more interesting.