$SOL ⚠️ Short Signal Indicators:
Price Drop from Recent High:
Price dropped from $181.46 to $174.15, showing downward pressure.
The current price is down 2.83%.
MACD Indicator:
MACD Line (0.20) is just slightly above the Signal Line (DEA: 0.06), indicating weakening bullish momentum.
Green bars are getting shorter on the histogram, suggesting a potential bearish crossover is near.
Volume Spike:
Sudden spike in sell volume around the right end of the chart—could indicate increased selling interest.
Order Book Sentiment:
Slight selling pressure: 51.50% ask vs. 48.50% bid.
Ask volume is dominating, which is typically bearish.
🟠 Conclusion:
This chart shows early signs of a short signal, but it's not yet fully confirmed. If the MACD crosses below the signal line and price drops below $171.94 (recent minor support), it would be a stronger confirmation for entering a short position.
✅ Conservative traders should wait for MACD confirmation.
⚠️ Aggressive traders might consider entering a small short now with a stop-loss above $178.73.