$SOL has spent the whole night pinned between 95 and 96.5, which is basically a holding pattern after the 92.25 wick on the 31st. Down about 1% on the day and the 4h candles keep getting smaller.
On the NanoTrading Fire chart (4h) price is stuck under the value area low around 100, with the POC way up near 104.5. The liquidity heatmap shows a thick band right at 95.5-96 where we're chopping, more stacked below around 93-94, and the next real wall overhead sits at 99-100, then 101-102.
Futures side is lopsided. Roughly 75% of Binance accounts are long (ratio about 3.0) and top trader accounts are at 3.6, funding is back positive at +0.0075% after being negative yesterday, and OI is flat near $840M. So the longs reloaded but price didn't follow.
My read: as long as 93-94 holds, a push into the 99-100 wall is on the table. But with that many longs already in, losing 93 could flush quickly toward the 92 wick 👀 I'm waiting for one side to break before I touch
$SOL .
Are you buying this range or waiting for the long flush first?
NFA, just my chart notes.
Source: NanoTrading Fire chart (nanotradingclub.xyz)
#SOL #Solana #NanoTrading