Based on recent data, the long/short ratio for SOL shows mixed signals. The 24-hour long/short ratio on Binance is nearly balanced at 0.99, indicating equal pressure from both sides. However, the long/short ratio by accounts is significantly higher on Binance (2.22) and OKX (1.9), suggesting more traders hold long positions. Top traders also favor longs, with ratios above 1.5 for both accounts and positions. Technically, SOL is consolidating near $150 with bullish momentum above $141 and key resistance around $155. This data supports a cautiously bullish stance, favoring long positions but watching for a breakout confirmation above resistance.
