SOLO, is one of the most popular coins on XRPL with great fundamentals, like DEX, NFT, tokenized asset, fiat on ramp, blockchain briding and coreum blockchain airdrop.
SOlO has a tendency on the upside movement for those who are patient and believe in the project
In my opinion, SOLO possibly reach its bottom but its invalid if the support line is broken
if you are a trader better put the small position first to minimize the loss
if you are an investor, you can Dollar-cost averaging to accumulate
DISCLAIMER: Not financial advice and "INVEST OR TRADE ONLY WHAT YOU CAN AFFORD TO LOSE"