📊 $SOL – Increasing but close to resistance at $200
🗓️ Friday, 22/08/2025
📰 Fed Chair Jerome Powell suggested that current conditions "may require" a rate cut.
💰 Current price: ~189.5 — above EMA20/50 but below EMA200 → positive short-term trend.
📈 RSI ~46 neutral; MACD < 0 but curving up → improving momentum.
📊 Futures: Open Interest ~1.87B USDT (increased); Market Long/Short ratio ≈3.0; Funding +0.004% → Long advantage but squeeze risk.
⚡ Basis turned positive & expanded; moderately optimistic sentiment.
🎯 Priority trend: LONG 💹 (Buy) – Probability 60%
📍 Entry (Buying zone): 183 – 186
🎯 TP1 (Take profit 1): 198 ~ +7.0% from Entry
🎯 TP2 (Take profit 2): 210 ~ +13.5% from Entry
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💡 Did you know?
A Long/Short Ratio >1 indicates Longs are dominant; combine with OI observation (increase = new money coming in) and funding (positive = fees paid to Longs) to assess the likelihood of trend continuation or squeeze risk.
#SOL #CryptoGuru20250822
