Strait of Hormuz noise and a potential SOL dip buy?
Geopolitical headlines can shake crypto, but dips near support often reward.
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Big geopolitical moves — like Iran’s $40B Strait of Hormuz plan — tend to rattle risk assets first, then settle. I’m watching SOL because it’s been consolidating between 64 and 70, and a knee-jerk selloff could give us a clean entry near the lower end of that range. 🤔
If we get a dip toward 64.5, I’d look to scale in with a stop just under 62.5 and aim for a return to 69.5. Not a guarantee, just a pattern I’ve seen before — fear creates opportunity if you stay patient.
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