$SOL Key Observations

 

📉 Short-to-mid term (5m–4h): Below all major EMAs — in a pullback/downtrend

 

🟢 Daily timeframe: Price is above the 1D EMA20 ($89.43) and daily RSI is strong at 67.2 — macro structure is still intact

 

🔥 4h RSI =30.5 — approaching oversold, a bounce zone is nearby

 

💧 Volume very low (0.11–0.15x avg on 1h/4h) — no strong sell panic, just drift

 

💚 Funding rate: -0.0030% (negative) — longs are being paid, shorts overcrowded → contrarian bullish signal

 

📉 24h drop of ~5% but daily low held $89.73