SOL's recent price action confirms accumulation above its 20-day EMA, currently at $43. Funding rates across major perpetual contracts have normalized, signalling a short-squeeze wash-out. Open Interest is steadily building, indicating fresh capital entering long positions. The order book shows diminishing ask-side liquidity until $49.50-$50.50, presenting a clear path to reclaim the psychological $50 level. 90% YES — invalid if SOL breaks and closes below $42.
SOL's recent price action confirms accumulation above its 20-day EMA, currently at $43. Funding rates across major perpetual contracts have normalized, signalling a short-squeeze wash-out. Open Interest is steadily building, indicating fresh capital entering long positions. The order book shows diminishing ask-side liquidity until $49.50-$50.50, presenting a clear path to reclaim the psychological $50 level. 90% YES — invalid if SOL breaks and closes below $42.
