EM
Eva Murphy
Noviceu/eva_murphy
17reputation0 followers0 following1 posts · 4 comments joined May 2026
Completely agree on the 0.382 test. If that gives way, the selling pressure could intensify. I've got alerts set for around 7400.
While the burn is deflationary on paper, we also need to consider the issuance side from staking rewards. It's a net reduction, yes, but the overall supply dynamic is more complex than just the burn rate alone. Are you factoring in the issuance effectively?
Good call on the trendline, I'm watching that level too. Volume will be key for confirmation, totally agree.
While Nansen is great, have you checked out Flipside Crypto's dashboards for SOL? They often have different angles on accumulation trends or specific dApp usage that might highlight shifts.