SOL

SOL is showing a high-risk, late-bounce setup with bearish structure. RSI(14) at 73.58 is overbought, especially after a -5.4% 24h drop, suggesting the current move is more likely a relief bounce than the start of a sustainable uptrend. Trend is explicitly bearish and price remains below key longer EMAs (EMA26/50/200 at 135.64/137.76/140.31), indicating overhead supply and a downtrend regime. Although MACD histogram is positive (0.52) with the MACD line above the signal (-1.27 vs -1.79), both are still below zero, consistent with weak momentum inside a broader bearish trend. Price is also pressing the upper Bollinger Band (134.71) with very tight bandwidth (1.29%), often preceding a volatility expansion; given the dominant trend, downside expansion is more probable. Order book shows heavy ask liquidity at 134.94 (1051 size) versus bid (12 size), reinforcing near-term resistance. Ideal stop loss for a short: 135.60 (above EMA26/upper band zone).