📊 $SOL – Test EMA25, are the Long traders holding up?
🗓️ Saturday, August 16, 2025
📰 Altcoin market correction, BTC sideways, capital rotating to ETH & SOL.
💰 Current price: 185 USDT, just fell below EMA7 (186.8), testing EMA25 (179.8).
📈 RSI ~51–54 neutral, MACD positive but weakening → momentum decreasing.
📊 Futures: OI slightly decreased, top trader Long/Short ratio ~3.8 → Long traders dominate; Funding rate 0.004% → leaning LONG.
⚡ Negative basis (-0.1) indicates a defensive sentiment, risk of a bull trap.
🎯 Preferred trend: LONG 💹 – Probability 65%
📍 Entry: 180–185
🎯 TP1: 195 ~ +5%
🎯 TP2: 205 ~ +10%
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💡 Did you know?
Funding Rate is the fee exchanged between Long and Short. Positive funding → Long pays fee to Short, reflecting optimistic sentiment. Negative funding → pessimistic market, Short dominates.
