Time to Buy the Dip Amid Crypto Crash?
Following the US President Donald Trump’s October 10th announcement of 100% tariffs on China, the broader crypto market faced a steep downturn. At the time of the announcement, crypto was valued at $4.14 trillion, and has since lost nearly $400 billion.
Among the top five altcoins, Solana (SOL) took the hardest hit, plunging by 17.7% over the same period. Dipping to $174, Solana immediately erased the bulk of its losses by jumping to $194 on the same day.
Amid the panic selling that followed, SOL stabilized around $182 today. Let’s take a closer look at Solana to find out if the dip represents a strong buying zone.
Solana Appears Ready to Target Key Resistance Despite the Selloff
Although the sharp pullback saw…
