SOL/USDT — Technical Breakdown with Whale Imbalance
$SOL is trading near $133 (-6%), and both price action and whale positioning are now signaling elevated risk.
🔴 Technical Picture
SOL was rejected from the $148–$150 resistance zone, flipped Supertrend bearish, and printed an impulsive breakdown candle, losing short-term structure. Price is now consolidating below former support, which typically signals a momentum shift rather than a routine pullback.
🐋 Positioning Data
Whale metrics show a clear imbalance:
• Longs: 199 whales holding $417M, average entry $143.6, deeply negative PnL
• Shorts: 185 whales holding $129M, average entry $137.8, majority in profit
This indicates that most capital is trapped on the long side, while shorts are structurally better positioned — leaving downside liquidity still active.
🧠 Market Implication
The combination of structure loss + trapped long exposure typically precedes a volatility and liquidation phase, not immediate trend continuation.