My Trade Plan: Waiting for the $165 Liquidity Tap
I’m locked in on the 2-hour chart, hunting for a high-probability long setup at $165, where a key demand zone aligns with recent liquidity pools. This level has acted as support in April and May 2025, soaking up buy orders before reversals. I’m waiting for SOL to tap $165 (ideally with a bullish candle like a hammer or engulfing pattern) and then confirm a break of structure (BOS) by taking out the recent 2H higher high at $182. This would signal a new bullish impulse wave.
For risk management, I’m placing my stop loss just below the closest liquidity level at $161, a zone where stop hunts often occur before reversals, as seen in CoinGlass liquidation data. My target? The next resistance at $195 (a 17.6% move) or even $220 (33.3% upside) if SOL breaks out of its current bull flag pattern, as noted by analysts on TradingView. I’ll trail my stop using a 1.5x ATR (currently ~$3.50) to lock in profits if the move runs.
Why the Hype?
Solana’s fundamentals are screaming bullish. Over $450M in assets were bridged to Solana in April 2025, with $300M from Ethereum, boosting DeFi activity. SOL’s DEX volume hit $3.32B daily, grabbing a 28.99% market share among blockchains, per DefiLlama. Stablecoin supply on Solana exploded by 156% in 2025, surpassing
13B, with USDC dominating. Add in projects like Sanctum (up 44% in deposits) and Jito’s liquid staking, and SOL’s ecosystem is a rocket ship. Despite past outages, upgrades like QUIC and stake-weighted QoS have kept the network humming.
Final Thoughts
Solana’s bullish structure and ecosystem growth make it a top-tier altcoin, but I’m not chasing this pump. I’m waiting for that $165 tap and a break of structure above $182 to confirm my long entry—patience is my edge! Crypto trading is a wild west showdown—volatility can crush you. Always use tight risk management, set stop losses, and do your own analysis before pulling the trigger. Let’s catch this wave, but only when the stars align!
I’m locked in on the 2-hour chart, hunting for a high-probability long setup at $165, where a key demand zone aligns with recent liquidity pools. This level has acted as support in April and May 2025, soaking up buy orders before reversals. I’m waiting for SOL to tap $165 (ideally with a bullish candle like a hammer or engulfing pattern) and then confirm a break of structure (BOS) by taking out the recent 2H higher high at $182. This would signal a new bullish impulse wave.
For risk management, I’m placing my stop loss just below the closest liquidity level at $161, a zone where stop hunts often occur before reversals, as seen in CoinGlass liquidation data. My target? The next resistance at $195 (a 17.6% move) or even $220 (33.3% upside) if SOL breaks out of its current bull flag pattern, as noted by analysts on TradingView. I’ll trail my stop using a 1.5x ATR (currently ~$3.50) to lock in profits if the move runs.
Why the Hype?
Solana’s fundamentals are screaming bullish. Over $450M in assets were bridged to Solana in April 2025, with $300M from Ethereum, boosting DeFi activity. SOL’s DEX volume hit $3.32B daily, grabbing a 28.99% market share among blockchains, per DefiLlama. Stablecoin supply on Solana exploded by 156% in 2025, surpassing
13B, with USDC dominating. Add in projects like Sanctum (up 44% in deposits) and Jito’s liquid staking, and SOL’s ecosystem is a rocket ship. Despite past outages, upgrades like QUIC and stake-weighted QoS have kept the network humming.Final Thoughts
Solana’s bullish structure and ecosystem growth make it a top-tier altcoin, but I’m not chasing this pump. I’m waiting for that $165 tap and a break of structure above $182 to confirm my long entry—patience is my edge! Crypto trading is a wild west showdown—volatility can crush you. Always use tight risk management, set stop losses, and do your own analysis before pulling the trigger. Let’s catch this wave, but only when the stars align!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.