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07/06 09:41

Solana flashes its first buy signal since 2025

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Solana flashes its first buy signal since 2025 – Is $90 next for SOL? Solana’s [$SOL] market structure shifted after the SuperTrend indicator generated its first 3-day buy signal since October 2025, reviving the broader bullish outlook. The latest signal emerged after months of persistent downside pressure that followed the previous sell signal, which had preceded a 74% correction. That development suggested bearish control had weakened considerably as buyers reclaimed important price levels. Instead of extending the previous downtrend, Solana established conditions that supported a possible trend reversal. As a result, market participants had started reassessing the asset’s medium-term outlook rather than focusing only on short-term fluctuations. Smart money refused to abandon long positions Binance’s top traders maintained a bullish stance despite Solana trading below a major resistance level. Long accounts represented 65.45% of tracked positions, while short accounts accounted for 34.55%, producing a Long/Short Ratio of 1.89. Those figures showed experienced market participants had continued favoring upside exposure instead of rotating into defensive positions. Even after $SOL recovered sharply from June’s lows, traders had not significantly reduced their long exposure. However, the concentration of bullish positioning also highlighted growing expectations surrounding the next breakout attempt. If resistance continues to hold, some traders could secure profits in the short term. Even so, the positioning data suggested institutional and professional participants had remained confident that the broader recovery still had room to develop.
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