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【$SOL Signal】Short position + Divergence in open interest leading to decline
$SOL is testing a key support level after a volume-driven decline, but high open interest suggests crowded long positions, indicating market logic points to long liquidation or main force distribution. Price action shows persistent selling pressure, with no effective buying absorption.
🎯 Direction: Short
Wait for the price to show a clear reversal pattern or volume breakout signal at the key support zone (such as $100-$102) before making an assessment. The current market structure is fragile, and the risk of going against the trend is extremely high.
Trade here 👇 $SOL
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