SOLANA trade ideas
Tariffs and Unlock Continue Bearish Pressure? Thoughts?Thoughts on these entries for long-term ?
Uncertainty of tariff's effect on risk assets and recent token unlock have me feeling bearish, could see a little more to the downside I think before upper move. Or is the corrective move done with? Thoughts?
$SOL RSI Most OVERSOLD Since June 2023!Still no clear signals on CRYPTOCAP:SOL yet.
However, the RSI on the DAILY IS THE MOST OVERSOLD its been SINCE JUNE 2023.
I personally opened a long here.
Not for the faint at heart.
Could dip down to $133’ish and range between $146.
We DO NOT want to range too long in this area as you can see there has already been HEAVY consolidation.
Look for a V-Shape reversal trying to reclaim that ~$157 level for bullish confirmation.
solan for the next mouths Solana (SOL) is trading at its lowest price level since September 2024, as the entire crypto market struggles with fear and intense selling pressure. Solana has lost over 55% of its value in less than six weeks, erasing the gains from its post-election rally and raising concerns among investors about a potential prolonged downtrend.
Panic has taken over the market, and traders are growing fearful that Solana’s correction may continue into lower price levels. Despite multiple attempts to reclaim momentum, bulls have been unable to defend key demand zones, allowing bears to maintain control.
Top analyst Ali Martinez shared a technical analysis on X, stating that Solana appears to be experiencing a macro trend shift from bullish to bearish. If SOL fails to recover key levels soon, it could signal a deeper downtrend and further selling pressure in the coming weeks.
For now, investors are closely watching Solana’s next move. If SOL can reclaim key resistance levels, it could stabilize and possibly trigger a recovery. However, failure to hold above current prices could lead to an extended bearish phase, increasing the risk of further declines.
Solana Facing Serious Selling Pressure
Solana is trading below crucial daily support levels, invalidating the bullish structure thesis that many traders were holding onto. The price action has been weak, with Solana now caught in a high time frame range between $120 and $220. If bulls fail to defend the lower end of this range, Solana could face the risk of a prolonged bear market.
The current price breakdown suggests that bears remain in control as selling pressure continues to mount. Solana has struggled to reclaim momentum, and the once-strong uptrend that started in July 2023 is at risk of collapsing. Analysts are now monitoring whether SOL can hold above the $120 support level, as a failure to do so could trigger a deeper correction.
Martinez’s technical analysis states that Solana appears to be experiencing a macro trend shift. Martinez explains that the bullish trend that started in mid-2023 is on the verge of breaking, and if SOL continues to lose key demand levels, it could confirm a long-term bearish phase.
$SOL Epic 18% Rally to End the Month!What an epic day for CRYPTOCAP:SOL today with an 18% rally!
Closed the month outside of that accumulation zone I mentioned in previous TA, which is very promising.
Looking for SOL to build a cluster this next week outside that range, and then make another leg up into the green zone to reclaim the EMA9.
Take it level by level 👍
Solana (SOL) Technical Analysis Based on Support & Resistance1. Key Support & Resistance Levels
From the chart, we can identify the following key levels:
Resistance Levels:
139.19
149.65
159.38
171.37
179.92
Support Levels:
133.40 (Current Price)
118.54 (Next Key Support)
101.85
89.33
SOL is currently trading at $133.40, testing the support level of 139.19, which has now turned into resistance. If this level holds as resistance, further downside movement toward 118.54 is possible.
2. Reversal Pattern Forecast
The recent breakdown below 139.19 suggests continued bearish pressure.
A potential double bottom or bullish divergence near the 118.54 – 101.85 zone could indicate a reversal.
If SOL finds strong buying momentum around 118.54, a reversal towards 149.65 - 159.38 could occur.
However, if it breaks below 118.54, expect further downside to 101.85 and 89.33.
3. Trading Idea
Bullish Scenario: Wait for confirmation of support around 118.54. A strong bounce with volume could signal a long opportunity targeting 139.19 - 149.65.
Bearish Scenario: A breakdown below 118.54 would confirm a continuation of the downtrend, making short positions viable towards 101.85 - 89.33.
4. Risk Management
Stop-loss for long trades: Below 118.54
Stop-loss for short trades: Above 139.19
Risk/Reward Ratio: Maintain at least 1:2 for better risk management.
SOL BuySOL/USDT Analysis & Trade Signal
Chart Overview:
The Solana (SOL/USDT) chart is on a 4-hour timeframe.
The price is currently in a downtrend, trading inside a descending channel.
Major support zone: $124 - $112 (marked in red).
Major resistance zones: $152, $177, $227, and $285.
Trade Plan & Signal:
📌 Buy Zone (High Risk Entry):
The price is around $124.67, which is near the support zone.
The chart suggests waiting for a strong bullish candle before entering.
If the price holds this support, it could trigger a reversal.
📌 Stop Loss:
Below $112.93 to minimize risk.
📌 Target Levels:
First target: $152
Second target: $177
Third target: $227
Final target: $285
📌 Risk Management:
If the price breaks below $112, the downtrend could continue.
Enter only after confirmation of a bullish reversal.
Conclusion:
Bullish scenario: A bounce from $124 could lead to $152+ targets.
Bearish scenario: A break below $112 might push the price lower.
Recommendation: Wait for a bullish confirmation before entering.
Would you like further analysis or modifications in risk management? 🚀
SOLUSD - $134 key level
Based on a trend based fib extension placed early 2023, late 2022: Solana has found fierce resistance at it's 2.618- roughly around the previous cycle's all time high. After a second attempt to continue upward, we have had a fierce rejection back down towards $130.
As you can see, $134 has acted as a major support and resistance level dating back to 2021, and it has found solid footing at this price.
In fact, it has traded between $134 and $167 - the 1.618 level based on a trend based fib extension placed on the daily candle where it reached it's new ATH - consistently since May 2024.
What I find promising is that we have major confluence at exactly $134 and so far between these two and other fibs and SOL has shown really good strength at this price.
If $134 holds, we should see continuation.
If it breaks, I expect ~105-108 (weak support), falling further to ~$90 (much stronger support than $108).
Keep in mind, we COULD see SOL re-test it's diagonal support line and remain in a bullish structure, but the bear case would be much stronger if we reach that point.
SOLUSD Weekly Outlook: Bullish Shark PatternUPDATE
Bullish Shark Completion & Emerging Divergence
Shark Pattern in Play: Following our previous analysis, BINANCE:SOLUSD has completed the Bullish Shark pattern at the 0.886–1.13 retracement of the 0-X leg. Price action is now reacting around this deeper PRZ, suggesting a potential reversal may be underway.
DMI Delta Divergence: We’re seeing a bullish divergence between price and the DMI Delta—an early sign that bearish momentum could be fading. This divergence reinforces the likelihood of a bounce from the current levels.
If this divergence is confirmed with a strong bullish candle or surge in volume, it may validate the Shark pattern and open the door for a trend reversal. Keep stops below the 1.13 extension to manage risk, and watch for price targets around the 38.2% or 61.8% retracement of the new leg.
Solona Est. Resistance & support levelsIf SOL breaks above $153.99, further bullish movement towards $213.95 is expected.
If SOL falls below $126.13, it could indicate a bearish continuation.
March 17, 2025, might be a significant event for SOL, possibly tied to news, a major update, or technical pattern confirmation.
SOL could reach all time high againSolona has been one of the most hated crypto since SBF and FTX but I am seeing similar patterns with the TNX and (NVAX) a stock that had a meteoric rise during covid 19. This is also a well know bearish shark pattern. Its quite interesting that 3 different sectors have similar patterns.
Bears will say it is probably nothing.
Please do your DD as this is not a financial advice.
Please like if you find helpful.
Solana (SOL/USD) Scalping & Mid-Term Analysis🔥 Market Overview:
Trend: Bearish
Key Levels:
Resistance: $140, $148
Support: $134, $128
Indicators:
MACD: Weak bullish divergence, but momentum lacks strength
RSI: 54.1, slight recovery but no confirmation
EMA 200: Resistance at $148, strong rejection likely
Liquidity & Volume:
Increasing trading volume, but lacking strong bullish confirmation
Large liquidations indicate potential market maker activity
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (Short Bias)
Entry: Short at $138-$140
Target: $134 (-2.9%), $128 (-7.2%)
Stop-loss: Above $141
Expected Profit: 2.9%-7.2%
🩸 2. Range Scalping
Buy Zone: $134-$132
Target: $138 (+3.1%)
Stop-loss: Below $130
Expected Profit: 3.1%
🩸 3. Breakout Scalping
Entry: If SOL breaks below $132
Target: $128 (-3.0%)
Stop-loss: Above $134
Expected Profit: 3.0%
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If SOL fails to reclaim $140, a move to $128 is highly probable
If SOL breaks above $140, expect a retest of $148
Only a breakout above $148 will flip the trend bullish
🔥 News & Market Context:
SOL liquidations over $1.5B indicate recent market manipulation
Lack of institutional inflows, weak recovery signs
Sentiment remains uncertain, waiting for a catalyst
🔥 Decision & Risk Rating (1-10):
🩸 Short-term (Scalping): Short bias, 7/10 (High probability but needs confirmation)
🩸 Mid-term (Swing): Bearish, 6/10 (Still weak, potential downside)
🩸 Best Play: Short near $138 with a target of $134-$128
👑 Final Verdict:
Solana remains weak, struggling to hold key levels. Short setups are more favorable. If $140 holds as resistance, expect further downside.
🔥 FinCaesar's Statement:
"Fortune favors the prepared, not the reckless."
SOLANA – Technical and Fundamental OutlookTechnical Analysis
Solana (SOL) remains within a Falling Wedge structure, a historically bullish reversal pattern. The price is currently testing a key support zone at $124.29, where demand accumulation could trigger a breakout. A successful rebound from this level may confirm a shift in momentum.
A breakout above $150.51 would validate a bullish reversal, with the next key resistance target aligning with the previous All-Time High (ATH) of $296.99. Failure to hold $124.29 as support could extend the correction, requiring confirmation of price action before further positioning.
Fundamental Analysis
Solana continues to exhibit strong growth, with a 37.09% price increase in the last 30 days and 79.96% gains over the past 90 days, reflecting sustained investor confidence. Institutional sentiment remains positive, with VanEck analysts projecting a $520 price target by the end of 2025, contingent on continued adoption and ecosystem expansion.
Key fundamental drivers include Solana’s high-throughput architecture, enabling thousands of transactions per second with low fees, positioning it as a competitive layer-1 blockchain. Recent integrations, including Visa's USDC settlement adoption, further reinforce its real-world utility.
Risk Considerations
Regulatory uncertainties remain a critical factor, with SEC classification concerns presenting potential headwinds. Additionally, speculative market activity, particularly within Solana's meme coin sector, has contributed to heightened volatility, necessitating cautious risk management.
Conclusion
The confluence of technical support levels and strong fundamental adoption metrics suggests a pivotal moment for Solana. A breakout from the Falling Wedge structure would reinforce bullish momentum, while macro and regulatory developments remain key monitoring factors.
Solana Wave Analysis – 25 February 2025
- Solana reversed from support level 134.15
- Likely to rise to the resistance level 155.30
Solana cryptocurrency today reversed sharply from the key support level 134.15 (former Double Bottom from October) standing well below the lower daily Bollinger Band.
The price will likely form the daily Japanese candlesticks reversal pattern Hammer today (strong buy signal for Solana) – if the price closes today near the current levels.
Solana cryptocurrency can be expected to rise to the next resistance level 155.30 (former strong support from November, acting as the resistance now after it was broken earlier this month).
Solana (SOL/USD) – Scalping & Mid-Term Analysis🔥 Market Overview:
Trend: Strong Bearish
Resistance Levels: $144 – $158 (EMA 200)
Support Levels: $138 – $130
Volume & Liquidity: Heavy sell pressure, recent bounce from support
Indicators:
MACD: Bearish momentum, slight divergence
RSI: Neutral (51), potential small recovery
EMA 9 & 200: Strong downtrend confirmation
Market Maker Moves: Possible stop hunts near $138
🔥 Scalping Strategy:
🩸 1. Buy near: $138 – $140
Target 1: $142 (+2.9%)
Target 2: $144 (+4.35%)
Stop-Loss: Below $136
🩸 2. Short near: $144 – $146
Target 1: $140 (-2.77%)
Target 2: $138 (-4.17%)
Stop-Loss: Above $148
🔥 Mid-Term Trend Forecast (1-3 Weeks):
Bearish Continuation: Below $138, SOL could test $130
Bullish Reversal: A break above $150 could push SOL toward $158
⚡ News & Market Context:
SOL fell 14% in 24 hours, over 20% this week – Market is reacting negatively
Memecoin sector cooling down, leading to SOL weakness
Exchange Order Book: Heavy sell walls at $144 resistance
💰 Profit Calculation & ROI:
Long:
Profit: +4.35%
ROI: +21.74%
Short:
Profit: +4.17%
ROI: +20.83%
👑 Trade Rating (1-10):
Long Setup: 6/10 (Decent support, but risky)
Short Setup: 8/10 (Better risk-reward, following trend)
🔥 Decision:
🩸 Short-term: Scalp long from $138 cautiously
🩸 Mid-term: Favor shorts unless SOL reclaims $150
🩸 Ideal Play: Short from $144, targeting $138
🔥 Best Asset for Scalping: SOL is volatile, but BTC remains safer
👑 Final Verdict: Scalp carefully, shorts preferred!
🔥 FinCaesar:
"Only those who adapt to the storm can command the sea."
Alts Bleeding Out Off Topping Patterns. A while ago I flagged up the various different topping patterns we have in crypto alts.
There was a little more stop gaming (Nothing is ever easy)but these now trade typically around 50% off the high.
Today we met the first major pivot point for the bull trend with us reaching the levels one would expect to see in a typical correction.
A break under 140 - 135 could spell out a real bloodbath in these.
Critical test for crypto now.
SOLUSD Weekly Outlook: Bullish Cypher PatternOverview
On the weekly timeframe, BINANCE:SOLUSD has shifted gears since our last analysis. Previously, we flagged a bearish divergence—higher highs in price paired with lower highs on the DMI Delta—hinting at weakening momentum. Price has since declined, and now it’s tapping into a key demand zone, completing what appears to be a Bullish Cypher harmonic pattern.
Why This Matters
Bearish Divergence Played Out : The prior divergence signaled fading bullish pressure, and the subsequent drop brought SOLUSD from its highs into this demand zone—a textbook pullback scenario.
Bullish Cypher Completion : The pattern’s structure is taking shape: X-A (initial up move), A-B (~38.2%-61.8% retracement of X-A), B-C (~113%-141.4% extension of A-B), and now C-D targeting a 78.6% retracement of X-C. The D point aligns with this demand zone, marking a Potential Reversal Zone (PRZ).
Demand Zone Test : This level has historical buying interest. If it holds, it could validate the Cypher and spark a reversal.
Key Considerations
Watch the PRZ : The 78.6% X-C retracement (~D point) is critical. To confirm a bounce, look for reversal signals like a bullish candle, volume surge, or RSI/DMI Delta divergence.
Lingering Divergence Risk : While the drop aligned with the prior bearish signal, momentum remains a question. Cross-check with volume or DMI trends before committing.
Risk Management : For longs, set stops below the demand zone. If shorting a breakdown, target the next support level from prior lows.
Upside Potential : A confirmed Cypher could push the price toward the 38.2% or 61.8% retracement of the C-D leg—map these targets on your chart.
Conclusion
The recent decline in BINANCE:SOLUSD following our bearish divergence call has set the stage for a Bullish Cypher at this demand zone. If buyers defend this level with conviction, the pattern could drive a meaningful reversal, invalidating the prior bearish pressure. However, a failure to hold here might extend the correction. Traders should monitor price action and volume at the PRZ for the next actionable signal.
