For $SOL, we're looking for the S3 mean reversion play. Looks less likely to be obtained if BTC & ETH decide to recover strongly here.
A drop into 219 seems more appetizing for a trade, and frontrunning it slightly does not provide us with accurate triggers to assume the set up.
Ideally, we'd like to see a deviation to help us confirm an invalidation level, followed by a reclaim of 219.75 to assume the trade back into S1/S2 levels. Looks like we might miss the opportunity on this one, but we're cool with having exposure on 2/3 of the better performing majors right now. Some will miss, some will hit.
Funding 0.0172 - 0.0259 which is significantly higher, assuming the mean reversion play can still drop and do what we're looking for before making its move. Patience on this one.