📊 $SOL – Breakout above $200, bullish momentum but many longs
🗓️ Thursday, 14/08/2025
📰 Altcoin rotation + risk-on sentiment following ETF trends; capital flowing back into L1, returning to Solana.
💰 Current price: ~204.3 — above EMA7 189.9; EMA25 178.9; EMA99 166.2 → clear upward trend.
📈 RSI(6/12/24): 78.6 / 68.8 / 62.7 (short-term overbought); MACD just turned positive, green histogram → momentum supports upward movement.
📊 Futures: OI ~10.51M SOL (≈$2.12B) slightly increased; Long/Short ratio across the market ~2.10 (leaning Long), Top trader Accounts/Positions ~2.9–3.0; slight positive funding rate → probability leans LONG but may be volatile due to crowded longs.
⚡ Positive basis and increasing → optimistic/FOMO sentiment, risk of squeeze when prices adjust quickly.
🎯 Preferred trend: LONG 💹 (Buy) – Probability 58%
📍 Entry (Buying Zone): 198–202
🎯 TP1 (Take Profit 1): 214 ~ +7% compared to Entry
🎯 TP2 (Take Profit 2): 230 ~ +15% compared to Entry
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💡 Did you know?
Long/Short Ratio indicates the ratio of buy positions to sell positions. When L/S > 2 as it is now, the market is strongly leaning Long — the trend may continue, but even a small pullback can trigger a squeeze due to densely packed leveraged positions.
