💸 A massive 132,573 SOL (worth $22.9M) was just deposited to Kraken by PumpFun, fueling speculation of upcoming volatility. SOL trades at $173.80, up 0.60% in 24 hours.
📉 Social Dominance for Solana is down to 3.56%, a sharp fall from 18.93% in January. Social Volume also plummeted to 122, down from over 5,400 earlier this year, suggesting fading retail interest.
📈 However, the OI-Weighted Funding Rate flipped to +0.0130%, showing traders are leaning slightly bullish. Historically, this shift has aligned with price surges—but not always.
🔥 The liquidation heatmap highlights intense long liquidation pressure near $175. A breakout could trigger a squeeze and rapid upward momentum.
⚖️ Liquidation data reveals imbalance: $3.33M in long vs. $1.8M in short liquidations. This suggests the market is more vulnerable to upside moves.
📊 Technically, SOL is testing the 1.618 Fib extension at $163.53 and aiming for 2.618 at $177.20. Meanwhile, RSI sits at 74.21—flashing overbought signals.
🔍 All eyes are now on the $175–$177.20 zone. Break above, and we could see a run. Fail, and a cooldown may be imminent.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)