SOL: Trader 0xedcd Opens 20x Long on Hyperliquid

Trader 0xedcd just opened a 20x long on 100,000 $SOL worth $10.45M on Hyperliquid after turning a prior 20,000 $ETH long into more than $11M profit.

With SOL price at $104.52 testing upper Bollinger resistance at $104.36 while RSI at 71.81 signals overbought conditions, a retracement toward the EMA50 support at $93.77 appears likely before continuation as the MACD golden cross maintains the broader bullish structure above the EMA200 at $83.11.