Bearish Technicals: $SOL down 4.2% to $98.88, broke EMA 7/25, RSI near oversold at 38.5, MACD bearish, signaling sustained downtrend
Institutional Outflows: $10.68M net outflow, large taker selling dominates, indicating distribution despite extreme fear (14/100)
Smart Money Divergence: Whales increase shorts (759 vs 525 longs), while top traders show consistent buying, suggesting potential squeeze
Key Risk Levels: Short squeeze above $124.13; breakdown below $96.10 opens path to $90, with $109.20 as critical long support
Price Action Analysis
Price Action: $SOL trading at $98.88 (-4.2%), testing Bollinger lower band at $96.10, resistance at $105.53 after breaking below EMA 7/25
Technical Signals: RSI at 38.5 (near oversold), MACD bearish at -1.37, Bollinger bandwidth tightening, indicating potential consolidation
Volume & Flow: $10.68M net outflow, large taker selling ($2.85M) exceeds large maker buying ($2.83M), confirming bearish conviction
Smart Money Divergence
Whale Positioning: 759 short whales vs 525 long; net short bias growing despite price not breaking down further
Top Trader Activity: Consistent buying across 1-hour windows, $2.35M buy vs $1.69M sell at 08:00, showing conviction on dips
Key Levels: Longs clustered at $109.20–$111.80 (support), shorts at $124.10–$128.97 (resistance); breakout likely to trigger volatility
#TrumpEndsShutdown #USIranStandoff #KevinWarshNominationBullOrBear
