Solana's important supporthello friends
Due to the heavy demand of Solana and the construction of new floors based on the market cycle, we expect a new floor within the specified range.
If we reach the support range of 105-110 dollars, we can buy with confirmation, of course, with capital management...
*Trade safely with us*
SOLUSD
Solana Nears Key Support: Potential 25% Drop to $125 SoonHello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Solana , 📚🎇
Solana is nearing a pivotal support level, which has previously proven strong. However, there are indications that this daily support may soon be breached, potentially triggering a decline of around 25% . Should this occur, the price target to watch would be $125, aligning with a key monthly support zone. This area has historically been a critical defense against further downturns, making it a crucial point in the current market analysis. 📚🙌
🧨 Our team's main opinion is: 🧨
Solana is approaching a key support level, and if it breaks, a 25% drop to $125—an important monthly support—could follow. 📚💡
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Could Solana face a 25% decline and hitting $145 target?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Solana , 📚🎇
It is possible that we may observe brief upward price movements as part of a corrective phase before the broader downtrend resumes, yet there remains a strong likelihood of further downside for Solana from its current position. I foresee an additional 25% decline for this highly influential protocol, with a primary target price of $145. The current bearish trend is still intact, as the price has already lost several crucial support levels along the way. Should Solana fail to break through the upper boundary of the ongoing triangle pattern, we are likely to see continued downward momentum, ultimately reaching the target specified in this analysis. 📚💡
🧨 Our team's main opinion is: 🧨
Solana might see a brief upward movement before continuing its downtrend, with a potential 25% drop to $145 if it fails to break the triangle pattern, as the bearish cycle persists and key supports are lost.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
Is SOL/BTC following the ETH/BTC distribution pattern?
As the big red weekly candle closes for BTC, we should see some volatility this week.
Solana valued in BTC has exited a rectangular distribution topping pattern.
Failure to recapture the rectangular box and enter back into it in a spring like move is looking increasingly unlikely.
Ethereum valued in BTC followed a very similar pattern in Nov 2023, exiting the rectangular distribution rectangle and fell much much lower.
The 50 week (blue line) and 200 week (purple line) moving averages also follow a similar trajectory for both instruments / coins.
If SOL / BTC does not recover into the box, and fast I will be exiting a long term position I hold.
Defensive Strategy based on this chart and the USD chart warrants consideration
PUKA
Long-term Solana (SOL) OutlookExpecting a further drop in price to a range of $10-$40 before a bull run to possibly another ATH. Sentiment and price pattern is similar across all major cryptocurrencies. HODLing would be extremely stressful during this bear run.
This is only my opinion and should not be taken as an investment advice. The market can of course, turn at any point in time.
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#SOL/USDT#SOL
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 157.48
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the Moving Average 100
Entry price 159.85
First target 165.92
Second target 169.59
Third target 175.10
The Era Of Solana SOL Has Been Finished Hello, Skyrexians!
BINANCE:SOLUSDT is the best altcoin of 2023-2024 years because it made 30x from the bottom even on the fake bull run in crypto. This bull run was fake because the true bull run is possible only on DXY dump, but this time Bitcoin and Solana has been growing parallel with the Dollar Currency Index. These assets absorbed all liquidity of the crypto market and on the true bull run it will give it back.
The technical picture is very ugly. Recently we pointed out that Solana has completed the 5 waves cycle and now it's printing ABC correction. Wave A now is in progress and it consists of 5 waves as well. Looking at AO and Fibonacci we can conclude that now asset is finishing the wave 5 which has a target at $110. There we need to see green dot on the Bullish/Bearish Reversal Bar Indicator From there we expect bounce to $200 in the wave B and after that the bear market continuation to targets somewhere below $100.
Best regards,
Skyrexio Team
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#SOL/USDT Weekly overview!Solana is down 57% from its peak and is currently trading just below the 63-week support level.
This is a crucial level! The last weekly candle closed right above the support, but for now, it seems we’ll need to wait a few more days for more clarity.
It could either turn into a nice juicy dip or signal the start of a bearish price action. I personally think it's a dip,
Either way, it’s better to wait for the weekly close for more clarity.
Do hit that like button and share your views in the comment section.
Thank you
#PEACE
SOlUSD Analysis
Recent Low & Bounce: Price found support around 127 and has been climbing within a short-term rising channel.
Fib Levels in Play: From the swing high near 153 down to 127, key retracements cluster around 139–145, with 149.6 (78.6% Fib) acting as a major ceiling.
EMA Ribbon & 200 MA: The EMA ribbons are near the current price, signaling consolidation. The 200 MA (turquoise) sits around 158, which could be a stronger resistance if price rallies further.
Key Resistance: Watch 146–150. A decisive break above 149–150 could open the door to retest the 153 swing high and potentially push toward 158.
Support Levels: If SOL loses momentum and falls below 139–136, a retest of 127 support becomes likely. A close beneath 127 could accelerate downside pressure.
Bottom Line: SOL is attempting a recovery off 127, but it must clear the 146–150 resistance zone to build meaningful bullish momentum. Failure to hold above 139–136 risks a deeper pullback toward recent lows. Keep an eye on volume and candle closes around these critical levels.
Will SOL start growing now that Trump has announced the reserve?Hi everyone, let's look at the 1D SOL to USD chart, in this situation we can see how the price is moving in an ascending channel where it is currently struggling to stay in the lower part of the channel.
Let's start by defining the targets for the near future that the price has to face:
T1 = 172.96 USD
T2 = 202.57 USD
Т3 = 223.84 USD
Т4 = 250.58 USD
Now let's move on to the stop-loss in case the market continues to fall:
SL1 = 139.90 USD
SL2 = 114.89 USD
SL3 = 94.76 USD
SL4 = 74.35 USD
It is worth looking at the MACD indicator where we can see how low we have gone much lower than during the previous declines, which could potentially indicate that the price will try to go up if the ongoing bullish trend is maintained.
Trump’s crypto picks struggle: Saylor sees $200T market cap Bitcoin has fallen below the 78.6% retracement of Sunday’s surge and is now less than 2K above the level it was at when Trump tweeted about a strategic reserve including Bitcoin and a few altcoins.
Some of the smaller cryptocurrencies mentioned by Trump—Cardano, Solana, and Ripple—are holding up slightly better but have also dropped.
Strategy Executive Chairman Michael Saylor, whose company holds nearly 500,000 BTC, strongly endorsed Trump’s proposed strategic crypto reserve in a CNBC interview. Saylor also predicted Bitcoin’s market cap could reach $20 trillion and eventually $200 trillion, projecting a price of $13 million per BTC by 2045. In a bullish scenario, he sees Bitcoin hitting $49 million, while a bearish case could still put it at $3 million.
$SOLBTC is clearly in a bearish patternCRYPTOCAP:SOL valuation in USD is already 30% below its ATH. But if we value the CRYPTOCAP:SOL based on CRYPTOCAP:BTC then we clearly see that the chart is clearly in a bearish pattern. $SOLBTX has already reached 0.0018. If we plot the Fib retracement levels from the last peak to low in the weekly chart the BINANCE:SOLBTC can go down to 0.001 which is the 0.786 level.
The upcoming macro-economic numbers like inflation and unemployment will determine the direction of this chart.
BINANCE:SOLBTC near term bearish.
The key is whether it can be supported near 145.32
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(SOLUSDT.P 1M chart)
It seems that a sharp decline will occur due to the issue of SOL.
The key is whether it can be supported near 0.707(135.64) ~ 0.786(149.71), 137.04 and rise.
If it rises, whether it can be supported near 179.73 is important.
If it falls, it is likely to fall to around 101.78, so you should think about a countermeasure for this.
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(1D chart)
If the HA-Low indicator on the 1D chart is generated at the 145.32 point, the key is whether it can receive support and rise around this area.
If not, and it falls below 137.04,
1st: Fibonacci ratio 0.618 (119.78)
2nd: 101.78
You should check whether there is support around the 1st and 2nd areas above.
Circle marked area: Important support and resistance area
(Circle marked area: Important support and resistance area)
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Thank you for reading to the end.
I hope you have a successful trade.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, we can see that the increase is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we do not expect to see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Solana (SOLUSDT) is Not Dead! A Major Move is Coming! Solana (SOL) is holding strong at its major support level of $110, making this an ideal accumulation zone between $110 and $140. With CME Group launching SOL Futures on March 18th, institutional interest could surge, potentially triggering a massive rally. As Solana gears up for a recovery to previous highs, this could be a prime opportunity to buy and hold for the long term. Don’t miss out—accumulate
BINANCE:SOLUSDT Currently trading at $144
Buy level: $110 - $140.
Stop loss: Below $90
Target : $500
Max Leverage : 1x /Spot trade
Always keep Stop loss
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SOL | Solana Drops 54% | WHERE TO NEXT?The recent ByBit hack seems to have sent the market into a downward spiral. But, if you look at it from a few weeks back, prices were already beginning to drop even before the news of the hack.
Solana follows Ethereum pretty closely, and considering the hard sell-off on ETH, SOL followed suit with a -26% drop over the past week.
This is quite a substantial correction, and considering the past 6 candles were red - it's likely that we can expect a bounce from next week, or at least a green candle. If we fail to bounce here, the short term is looking bleak for SOL:
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KUCOIN:SOLUSDT