Right now, $SOL is trading near $145 with both retail and smart money showing growing confidence. Market Prophit’s smart money sentiment hit 1.79, and retail sentiment is slightly positive — a rare moment of alignment. 📈
Futures data reveals a “Taker Buy Dominant” signal, meaning consistent buying pressure from traders. On Binance, nearly 75% of traders are long, with a Long/Short ratio of 2.97 — strong bullish bias from the crowd! 🔥
Funding rates are modestly positive, so the rally isn’t driven by risky leverage, which points to a stable foundation for a gradual breakout rather than a wild spike. ⚖️
Interesting to note: Short sellers are getting squeezed hard, with $192K in short liquidations recently, fueling upward momentum. That squeeze could keep pushing SOL higher if the trend continues. 💥
Technically, SOL is range-bound between $140–$152, hugging the lower Bollinger Band, signaling low volatility and a likely breakout soon. To confirm bullish momentum, SOL needs to reclaim the 20-SMA mid-band as support.
Bottom line: Sentiment is aligning, structure looks solid, and while the breakout isn’t here yet, the groundwork for a fresh bullish move is being laid. Keep an eye on those key levels! 👀