SOL

SOL is in a clear short-term uptrend (price above EMA12/26/50/200 with EMA12>EMA26 and positive MACD histogram), but conditions are now stretched and prone to mean reversion. RSI at 74.48 signals overbought momentum, and price is pressing the upper Bollinger Band ($131.09) with a relatively tight bandwidth (4.53%), often preceding a pullback or consolidation after an expansion move. Recent candles show a strong impulse at 16:00 (high volume breakout to $131.72) followed by failure to hold the highs and a drift back to $130.73, suggesting near-term exhaustion at resistance around $131.7–$132.3. Volume is only mildly elevated (1.16x), which is not strong confirmation for continuation at these levels. With ATR at $1.38, a realistic downside move to the mid-band/EMA cluster ($128.2–$129.2) is achievable quickly. Recommendation: SELL to take profit / fade overextension. Ideal stop loss: $132.40 (above recent swing high and resistance).