SOL

SOL is showing clear signs of short‑term overextension. Price at $143.61 is trading well above the upper Bollinger Band ($138.97) and all key EMAs (12/26/50/200 clustered around $134–135), indicating a sharp, accelerated move away from mean value. The RSI at 80.1 is firmly overbought, which historically increases the probability of a cooling phase or pullback rather than sustained vertical continuation. The MACD is strongly positive with a wide histogram, confirming bullish momentum but also suggesting a late-stage impulse leg rather than an ideal fresh entry point. Volume is 5.6x the 20‑period average, indicating a possible blow‑off or FOMO-driven move, especially as the last two hourly candles show near-vertical price appreciation from ~$132 to ~$144. Risk/reward for new longs is unfavorable: ATR is only $1.82, yet price is already ~$8–10 above recent value, implying elevated downside mean-reversion risk. In a bullish broader trend, this is a spot to lock in profits or reduce exposure, not to add. Waiting for a retrace towards the EMA cluster or a volatility contraction would offer a far safer entry.