$200 Million Solana Longs in Danger as SOL Nears Overbought Zone

Solana’s price recently breached the $161 barrier for the first time in over two months, signaling a strong bullish momentum. The altcoin’s price surge attracted attention from traders, but despite the optimism, there are growing concerns about a potential bearish reversal.  Heavy sell pressure is building, which could threaten the bullish momentum that propelled SOL past key resistance... source: https://beincrypto.com/solana-price-drop-threatens-major-liquidation/