Solana Price Stuck Beneath Key Moving Averages as Bears Regain Control
At $73.50, Solana (SOL) is structurally below every meaningful moving average, and aggressive sell flow dominates the market despite heavy long positioning.
The 7-30 day bias is down, targeting $69.50 on a break of $71.50 with volume confirmation.
Positioning looks bullish, but actual execution tells a different story: taker buy/sell ratio sits at 0.6253, and open interest has trimmed -0.52% over 24 hours.
The funding rate is essentially neutral, removing the short-squeeze narrative entirely.