SOL

SOL is in a clear short-term uptrend (price above EMA12/26/50/200 and EMAs stacked bullish), but conditions look stretched and favor profit-taking rather than fresh longs. RSI(14) at 74.26 signals overbought momentum and elevated pullback risk. Price is also trading above the Bollinger upper band (131.12 vs 130.68), suggesting a volatility expansion/mean-reversion setup; bandwidth is still relatively tight (4.28%), so a snapback toward the mid-band (127.94) is plausible. MACD remains positive (line 1.16 > signal 0.90) with a positive histogram (0.26), confirming bullish momentum, but this often lags at local tops—especially after a +4.67% 24h move. Recent candles show an impulsive push from ~128 to ~131.7 with only modest volume confirmation (1.16x), which can indicate late-stage buying. I prefer closing longs/shorting for a mean-reversion move with defined risk. Ideal stop loss for the short: 133.00 (above recent high and round-number resistance).