#sol has fallen for three consecutive sessions, hitting a three-month low! Major shareholder FWDI continues to accumulate, adding more than 220,000 $SOL over 40 days
at an average purchase price of $75. The company borrowed $50 million using its SOL holdings as collateral, and a sharp price drop could easily trigger a margin call. Technical indicators are weakening, and the long/short ratio is as high as 4.22, with long positions crowded. Key support is at $81.48; holding above it is necessary for a recovery. If it breaks, support at $77 will be tested, making the short-term outlook unfavorable.
at an average purchase price of $75. The company borrowed $50 million using its SOL holdings as collateral, and a sharp price drop could easily trigger a margin call. Technical indicators are weakening, and the long/short ratio is as high as 4.22, with long positions crowded. Key support is at $81.48; holding above it is necessary for a recovery. If it breaks, support at $77 will be tested, making the short-term outlook unfavorable.
