Solana (SOL): Bullish Continuation after Neckline BreakoutWhat I see:
Chart Patterns (Head and Shoulders): The chart illustrates a classic "Head and Shoulders" pattern. The left shoulder, head, and right shoulder are formed, and the neckline (the blue dashed line) has been broken, which suggests that the price could rise towards the target zone above the broken neckline.
Target Price: Based on the pattern and technical analysis, the potential target for the price could be around $219.84, as indicated by the box in the upper right corner. This target aligns with the upward trend continuation from the broken neckline.
Support Zones: There are several key support levels below the current price, including the lower zone marked in blue around $95.50 and the potential demand area in the middle blue zone (around $136.34). These could act as areas for price to rebound from if there's a pullback.
Trend Line and Movement: The dotted blue trend line suggests an ascending trend, showing higher lows, and the price is likely to continue upward after the recent breakout above the neckline.
Given the broken neckline and the formation of the Head and Shoulders pattern, the bullish scenario appears more likely. A price target of around $219.84 seems feasible if the upward momentum continues. However, if the price fails to hold above the neckline or reverses, the support zones could provide areas for potential price bounces, with the $136.34 region as a significant level to watch for possible buying opportunities. Therefore, the most probable outcome aligns with the bullish scenario (towards $219.84).
Solusdt
Phemex Analysis #103: SOL at $168—Bull Trap or Moon Mission?2025 has been a wild ride for Solana ( PHEMEX:SOLUSDT.P ). Its price soared from $189 on January 1 to an all-time high of $295 on January 19, only to crash over 65% to a low of $95 by April 4. Today, SOL has bounced back to around $168, sitting between a key support at $145 and resistance at $209.
Fundamentally, Solana is trending back into the spotlight. Institutional interest is up, with ETF filings from major players like Franklin Templeton, Grayscale, and VanEck. The launch of the REX-Osprey Solana + Staking ETF (SSK) in July—offering a 7.3% staking yield—has added fuel to SOL’s resurgence. On-chain activity remains strong, with over 22 million active addresses and growing developer engagement following performance upgrades like Alpenglow.
With fundamentals strengthening, institutional interest building, and price action showing renewed life, let's explore the possible near-term moves for Solana.
Possible Scenarios
1. Bullish Breakout to $209 and Beyond
SOL may continue its rebound and test the $180–$190 resistance zone. If that breaks with heavy volume, we could see a bullish continuation toward $200–$209, opening the path for a test of recent highs.
Pro Tips:
Entry Signal: Buy on a breakout above $180 with strong volume confirmation.
Profit Targets: Look to take gains near $200 and $209, while watching for further momentum toward $250+.
Risk Management: Place stop-loss just below $165 to protect against sudden reversals.
2. Consolidation Between $145–$180
If buying pressure isn’t enough for a breakout, SOL could consolidate within the $145–$180 range. This would allow the market to digest recent volatility and prepare for the next move.
Pro Tips:
Range Trading: Use grid bots or buy near support ($145–$150) and sell near resistance ($175–$180).
Breakout Watch: Wait for volume to increase at breakout or breakdown levels before taking a more aggressive position.
3. Bearish Breakdown Toward $145
If broader market sentiment shifts or ETF momentum fades, SOL could fail to hold above $145, triggering a correction toward lower support levels near $130 or even $100–$120 in a severe scenario.
Pro Tips:
Reduce Risk: Scale out of positions or go cautious if $145 fails decisively on high volume.
Dip Accumulation: Long-term investors may look to re-enter at stabilized price zones at $130–$120.
Conclusion
Solana remains in a critical phase where fundamentals—signal upgrades, active developer growth, and institutional ETF activity—align with technical bounce patterns. Whether SOL breaks out into a new rally, consolidates, or pulls back depends on upcoming price action and broader market sentiment. By using clear entry triggers, defined targets, and disciplined risk management, traders can effectively ride Solana’s next wave of volatility.
🔥 Tips:
Armed Your Trading Arsenal with advanced tools like multiple watchlists, basket orders, and real-time strategy adjustments at Phemex. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
SOLUSD Sell Limit ordersHi everyone.
I've set 3 orders to go short on Solana.
Please consider That if the second order triggered, Risk free the first order and If the third order triggered so you need to risk free the second order too...
These TP levels are based on Fib Levels. But if you want you can set the first TPs at 1:1RR for each order.
Let's see what happen.
Good luck everyone.
$SOL channel breakout could lead to a rally toward $260Solana has broken out of its recent downtrend on both the daily and 4-hour charts, showing clear signs of bullish strength. The price is pushing beyond its channel, and momentum suggests that the $200 liquidity zone is within reach.
If CRYPTOCAP:SOL can close above the $206 resistance, it could open the door for a rally toward $230–$260, revisiting the prime all-time high area. EMA structure is also supportive — the 21 EMA has crossed above the 50 EMA, while the 100 EMA has crossed over the 200 EMA, both reinforcing the bullish outlook.
With technical aligning and momentum building, Solana’s next move could be one of the most significant runs we’ve seen this year.
BTC Dominance at a Critical Point – Is Altseason About to Begin?🔍 Technical Breakdown (BTC.D Weekly Chart)
The weekly BTC Dominance chart shows Bitcoin's dominance is now testing a critical ascending trendline, which has supported its bullish momentum since early 2023.
After hitting a major resistance zone between 70.33% – 73.67%, BTC.D faced a sharp rejection — signaling a potential capital rotation from BTC into altcoins, which is often the first clue of an incoming Altseason.
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🧩 Structure & Pattern Highlights:
✅ Rising Trendline Support:
A strong uptrend structure has been in place since the 2022 bottom (~39%), marked by consistent higher highs and higher lows.
⚠️ Minor Double Top near 70.33% – 73.67%:
This classic reversal pattern at a macro resistance zone hints at possible exhaustion in BTC dominance.
🟡 Historical Accumulation Zones:
Key horizontal levels at 55.41%, 51.27%, and 47.63% have acted as major decision zones in the past and will serve as critical support if the trend breaks.
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🟢 Bullish Scenario (BTC Dominance Rises):
If BTC.D can:
Successfully hold above the ascending trendline
Print a strong weekly bullish reversal
➡ Then a move back up to retest 70.33% is likely.
A confirmed breakout above 73.67% would suggest BTC dominance could surge further.
📌 What it means? Altcoins would likely underperform, as BTC reclaims market control — usually a risk-off signal for crypto.
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🔴 Bearish Scenario (BTC Dominance Falls):
If BTC.D:
Breaks below the ascending trendline
Fails to hold the 61.91% support zone
➡ This could signal a significant capital outflow from BTC to altcoins — an early indicator of Altseason.
Bearish targets below:
55.41% – First support area.
51.27% – Key psychological and technical level.
47.63% – A drop to this level would be a strong confirmation that Altseason is in full effect.
📌 In this case, we’d expect strong moves across sectors like AI tokens, DeFi, L1s, and mid/low cap altcoins.
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📊 Key Confirmations to Watch:
1. Weekly candle reaction to the trendline
2. Volume – strong selling on breakdown confirms trend shift
3. ETH.D and TOTAL2 (Altcoin Market Cap) – if rising while BTC.D falls, it's strong evidence for Altseason
---
🚨 Final Takeaway:
BTC Dominance is now at a make-or-break level that could define the direction of the broader crypto market for the next several months.
A breakdown = risk-on environment, favoring altcoins.
A bounce = BTC continues to dominate while altcoins stall.
Either way, the next big move is coming — this is the moment serious traders and investors have been waiting for.
#BTCdominance #AltseasonAlert #BitcoinVsAltcoins #CryptoRotation #CryptoBreakout #AltcoinSeason #CryptoMarketAnalysis #BTC.D #CryptoTrend #SmartMoneyMoves #CryptoTA #TradingViewAnalysis
Bullish but not bullish enough yet for a tradeMy overall bias for Solana is bullish. Currently I only own the underlying asset, but I have been waiting for the right set up to arrive to open a leveraged long position.
The way I am looking at the market right now:
Monthly chart:
In the last crypto cycle, Solana reached ATH in Nov 2021 and started to enter the macro bear trend. The price dropped sharply from $260 to $75 in the matter of three months. The price temporarily bounced up to $125 approx. (Red horizontal line in the chart) but it was a dead cat bounce. It failed to move above it and it was the beginning of the official bear market.
When you look at the price action of the last 18 months in a monthly chart, the price has been mostly moving between $125 and $205. However, the price wicked down to $96 in April this year. Since then the price is forming higher high higher low despite messy price action.
Both RSI and MACD are in the bull territory but they are slowly rolling to the downside. Stochastic on the other hand reached oversold territory and is now moving to the upside.
As long as RSI and MACD stay in the bull zone, the current price move is a corrective one.
Currently the price is sitting in the middle of the range bound of the last 18th months.
Weekly chart:
Price is trapped in the range bound and also is the ascending parallel channel.
EMA21 and 55 are bunched up together and running horizontally.
RSI is trapped in the 40-60 range and sliding across.
MACD is tilting to the upside but failed to enter the bull zone.
Stochastic is showing bearish negative divergence.
Base on all the indicators and price action in the weekly chart tell me the price is in a slow decline, but it is more like a tight sideway consolidation.
Daily chart:
EMA21> EMA 55> EMA200 - bullish but not perfect
EMA 200 is dead horizontal and a today's daily candle is sitting on EMA200.
MACD is entering the bear zone. MACD line is about to enter the bear zone. But the stochastic reached oversold territory and now is moving to the upside.
Conclusion:
My number one rule of trading is I stay away from trading when EMA200 is dead flat and the price is oscillating around it. I have lost money numerous times by trying to guess which way the price will move. No point of front running when EMA200 is flat. The price will break out eventually but I need to wait for a clear direction to emerge.
As I wrote in my previous articles. I think the current price move is a corrective one. The price will eventually move to the upside but I have no idea when. What I am focusing on now is to watch where the price will retrace to before it takes off in the daily chart. It may not take off, so I just want to wait and see.
There are a few fair value gap in the Fib 0.618 and 0.786 zone (blue rectangular box) and it is also where the ascending trendline intersects. So it is possible for the price to move further down to that area.
SOL Institutional Capital Fuels Bull Run SpeculationSolana's Ascent: A Perfect Storm of Adoption and Institutional Capital Fuels Bull Run Speculation
A powerful and rare confluence of tangible real-world adoption, significant institutional investment, and bullish technical indicators is generating a palpable buzz around Solana (SOL). The high-performance blockchain, often touted as a leading "Ethereum killer," is experiencing a resurgence that has captured the market's attention. After a period of sideways consolidation, SOL has decisively broken through key psychological and technical price levels, igniting speculation that this may be the start of a sustained and powerful bull run.
The narrative driving this optimism is not based on fleeting hype but on two concrete, fundamental pillars. The first is the global shipment of Solana Mobile's second-generation smartphone, the "Seeker," a device engineered to onboard millions into the Web3 ecosystem by seamlessly integrating crypto into the user's daily life. The second is a powerful vote of confidence from the traditional finance world, where a growing number of publicly traded companies are aggressively accumulating SOL for their corporate treasuries, treating it as a strategic reserve asset. As these foundational tailwinds gather force, technical charts are beginning to align, suggesting that the path of least resistance for Solana's price may soon be sharply upward.
The Seeker Phone: Solana's Trojan Horse for Mass Adoption
Perhaps the most visible and innovative catalyst is the global rollout of the Seeker smartphone. Following up on its first-generation "Saga" device, Solana Mobile has initiated the shipment of tens of thousands of pre-ordered Seeker phones to a global audience. The market's reception has been nothing short of explosive, with pre-orders soaring past 150,000 units—a dramatic increase from the 20,000 total sales of its predecessor. This overwhelming demand underscores a pent-up desire for a mobile-native Web3 experience.
But the Seeker is far more than just a piece of hardware; it represents a strategic masterstroke to solve the persistent problem of user experience in the crypto space. For years, interacting with decentralized applications (dApps) on mobile has been a clunky, insecure, and fragmented process, creating a high barrier to entry for the average consumer. The Seeker directly addresses these pain points. It features a built-in crypto wallet and a hardware-isolated "Seed Vault," which secures a user's private keys in a protected environment within the phone, drastically enhancing security and simplifying transactions.
This mobile-first approach creates a powerful economic flywheel. Priced accessibly, the phone is projected to generate substantial revenue for Solana Mobile. However, its true value lies in its ability to foster a vibrant, self-sustaining ecosystem. Each device includes a "Genesis NFT," a digital key that unlocks exclusive airdrops, rewards, and early access to new applications. This model, which proved incredibly successful with the Saga phone and the famous BONK memecoin airdrop, gamifies participation and incentivizes users to actively explore and engage with the Solana network. It transforms the phone from a passive communication tool into an active portal for decentralized finance (DeFi), NFT marketplaces, and Web3 gaming.
Furthermore, the Seeker boasts its own decentralized dApp store, presenting a direct challenge to the incumbent duopoly of Apple and Google. By offering developers a platform with lower fees and fewer restrictions, Solana is cultivating an environment where innovation can flourish. This attracts builders to the ecosystem, leading to a richer and more diverse array of applications, which in turn attracts more users. The Seeker phone, therefore, is not just a product—it's a Trojan Horse designed to embed the Solana network into the fabric of daily life, driving network utility, transaction volume, and ultimately, sustained demand for the SOL token.
The Institutional Stampede: Big Money Places Its Bet on Solana
While the Seeker phone provides a compelling grassroots adoption narrative, it is the concurrent wave of institutional investment that adds a powerful layer of validation and financial firepower. A growing cohort of publicly traded companies is now strategically adding SOL to their corporate treasuries, signaling deep-seated, long-term confidence in the network's technology and economic potential. This trend moves Solana beyond the realm of speculative trading and into the domain of strategic corporate finance.
Leading this charge is DeFi Development Corp (DFDV), a firm that has made headlines with its aggressive accumulation strategy. The company recently purchased an additional 110,466 SOL, bringing its total holdings to a staggering 1.29 million SOL. This move is part of a publicly stated ambition to hold one SOL per outstanding company share by 2028, a strategy explicitly modeled after MicroStrategy's high-conviction Bitcoin treasury plan. By securing a multi-billion dollar line of credit for these purchases, DeFi Dev Corp is making a clear and unequivocal bet on Solana's future.
This institutional embrace extends beyond a single entity. Upexi Inc., a consumer brand holding company, has significantly increased its SOL holdings and secured a $500 million credit line for further acquisitions. Bit Mining, a prominent player in the digital asset mining space, has not only purchased millions of dollars worth of SOL but has also launched its first Solana validator, contributing directly to the network's security and decentralization. Perhaps most surprisingly, Artelo Biosciences, a Nasdaq-listed pharmaceutical company, has pivoted to include SOL in its treasury, becoming the first public pharma firm to adopt a digital asset as a reserve.
These companies are drawn to Solana for its unique combination of high throughput, low transaction costs, and yield-bearing potential. The network's ability to process thousands of transactions per second at a fraction of a penny makes it a viable platform for enterprise-grade applications. Furthermore, the ability to stake SOL and earn a consistent annual yield of 7-8% presents a compelling alternative to holding depreciating fiat currencies or low-yield government bonds. This makes SOL an attractive treasury asset that can both appreciate in value and generate a recurring revenue stream. This institutional inflow provides robust price support and has an outsized market impact, as it effectively removes large quantities of SOL from the circulating supply, creating a potential supply shock as demand continues to grow.
Coiling for a Breakout: A Technical Perspective
This potent mix of fundamental catalysts is vividly reflected in Solana's price chart, which shows the asset coiling for a potentially explosive move. After establishing a solid foundation of support, SOL has demonstrated significant strength by breaking through the crucial $160 and $162 levels. The price is now trading firmly above its 100-hourly simple moving average, a key indicator that traders use to gauge short-term trend momentum. A price holding above this moving average is generally considered a sign of bullish health.
Currently, a key bullish trend line has formed on the hourly chart, with immediate and strong support located at the $165 mark. This level now acts as the first line of defense for the bulls; as long as the price remains above it, the upward trajectory is considered intact. However, the path higher is not without obstacles. The first major test awaits at the $172 resistance zone. A decisive and high-volume break above this level would signal that buyers are in firm control and could trigger a cascade of further buying.
Should the bulls conquer $172, the next significant hurdle lies near the $180-$182 range. Overcoming this area would open the door to a more sustained rally, with analysts eyeing subsequent targets at $192 and the psychologically important $200 level. While these technical levels present challenges, the underlying momentum indicators are encouraging. The Moving Average Convergence Divergence (MACD) is showing bullish acceleration, and the Relative Strength Index (RSI) is holding strong above the 50 midpoint, indicating that buying pressure is outweighing selling pressure.
Of course, no market moves in a straight line. A failure to break the $172 resistance could lead to a temporary pullback. If the $165 support level were to fail, the next support zones would be found near $160 and $155. A break below these levels could signal a short-term bearish reversal and would invalidate the immediate bullish thesis. However, given the powerful fundamental drivers at play, many analysts believe that any such dips would likely be viewed as buying opportunities.
The Verdict: Is This the Definitive Catalyst?
Solana currently finds itself in an exceptionally strong position. It is one of the few blockchain projects that can boast a clear, tangible strategy for mass adoption through its mobile initiatives. The Seeker phone is a game-changer, providing a seamless on-ramp to Web3 that could onboard a new generation of users.
This powerful fundamental narrative is being amplified and validated by a wave of institutional capital. The strategic accumulation of SOL by public companies lends the asset a new level of legitimacy and provides a powerful source of demand that is unlikely to waver based on short-term market fluctuations.
When these two forces are combined with a bullish technical structure, the result is a perfect storm of positive catalysts. While the broader crypto market will always be subject to macroeconomic factors and regulatory shifts, Solana has carved out a uniquely compelling growth story. The immediate challenge is for the bulls to maintain their momentum and decisively break through the upcoming resistance zones. If they succeed, this confluence of events may very well be remembered as the definitive catalyst that propelled Solana into its next major bull run, solidifying its position not just as a competitor, but as a leader in the new digital economy.
SOL 1H – Demand Zone Bounce Brewing, Can Bulls Reach $205 Again?Solana is once again testing its high-volume demand zone near $155–$160 — a level that previously launched it toward local highs near $210. With price dipping back into this area and Stoch RSI bottoming out, the stage is set for a potential bounce play.
🔹 Structure & Key Zones
The blue box marks a clear price memory zone — tested multiple times throughout late July and early August.
Each bounce from this zone has led to significant rallies — suggesting strong underlying demand.
Two major resistance levels remain overhead: ~$195 (lower high supply) and ~$210 (range high).
🔹 Momentum Context
Stoch RSI is once again in the oversold zone, hinting at possible short-term reversal momentum.
A clean reaction from this demand area could lead to a strong leg higher — especially if the $170–$175 zone is reclaimed.
🔹 Trade Scenario
Potential setup: price tags demand → forms a local higher low → pushes through short-term resistance toward the upper range.
If this bounce plays out, bulls may target the $195–$205 zone — creating a potential 30%+ move.
Is SOL ready to bounce — or will this demand zone finally give way?
Comment below and share your setup 👇
SOL 15m Ready to Rumble? Possible Double Setup!Two decent setups on Solana’s 15m, one bounce play off key support, the other a breakout rip targeting quant resistance.
Setup #1 — Mean Reversion Long:
• Entry: 161 to 162
• Stop: 158.78 (sits on quant S1 = 158.67)
• Target: 166.62
• R/R: 2.4x
This setup rides the bounce from support that matches pivot S1. Confirm with candle wick + volume punch.
Setup #2 — Breakout Continuation:
• Entry: Above 166.62
• Stop: 164 (tight) or 154.86 (sits above quant S2 = 153.41)
• Target 1: 171.38 (just under quant R1 = 172.46)
• Target 2: 180.99 (quant R2 if price rips)
• R/R: 1.6x to 3.4x
Break needs volume. R1 is the battlefield. If we nuke through, R2’s next.
Quant Levels to monitor:
• Support:
S1 = 158.67
S2 = 153.41
• Resistance:
R1 = 172.46
R2 = 180.99
R3 = 186.25
Daily ATR ~11 pts — volatility is favorable
Structure and confluence are clean. Execution depends on price confirmation.
From $162 to $195 — Solana’s Next Big Move Could Be StartingSolana has recently rebounded from a strong demand zone around $162.07–$155.83 after an extended downtrend. This support has held multiple times over the past few sessions, showing that buyers are defending it aggressively. The “B” buy signals near these lows further support the case for an upward move.
Price has now broken above the $170.29–$169.97 resistance area, which has flipped into immediate support. Holding above this zone strengthens the probability of continuation toward the next key resistance levels.
The first resistance to watch is $175.63, followed by $184.67. If price sustains above these zones, the major bullish target lies near $195.26, aligning with the top of the projected profit zone in your chart.
From a structure perspective, the pattern suggests a potential short-term trend reversal, with higher lows forming since August 3. This change in market structure, combined with the break above the recent consolidation, indicates renewed bullish momentum.
Trading Setup
• Entry: Around $170.80–$171.00 (above breakout confirmation)
• Stop-loss: Below $169.90 or deeper at $162.00 for wider protection
• Take-profit 1: $175.63
• Take-profit 2: $184.67
• Final Target: $195.26
• Risk-Reward: Approximately 3.2:1
Risk Caution
Solana is known for sharp intraday swings. Traders should consider locking partial gains once the price moves 2–3% in their favor (about +3–5 USDT from entry) to protect capital while still holding for the larger target.
SOLUSDT- Golden Pocket Bounce: Bullish Phase or Another Fakeout?🔍 In-Depth Technical Analysis (1D Timeframe)
The SOL/USDT pair is currently showing a highly significant technical reaction as price bounces from the Fibonacci Retracement 0.5 - 0.618 zone (also known as the Golden Pocket), located between $166.63 - $157.13.
This level also aligns perfectly with a historical demand zone that has previously acted as a strong support during high-volume selloffs, creating a powerful confluence area.
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🧩 Market Structure & Pattern
✅ Golden Pocket + Demand Zone: This overlap strengthens the probability of a valid bullish reversal.
🟠 Previous Movement: Price dropped from the recent swing high near $188 after failing to break through major resistance.
📉 Short-Term Downtrend: Currently in a corrective phase after an earlier bullish run.
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🟢 Bullish Scenario (Rebound Confirmed from Golden Pocket)
If the price manages to hold above the $157 - $166 range and prints a bullish candle with volume confirmation:
1. A bullish breakout above $179 and more importantly $187.80 could open the door to further upside.
2. Potential midterm bullish targets:
🎯 Target 1: $205.69 (key psychological + structural level)
🎯 Target 2: $218.13 (previous reaction zone)
🎯 Target 3: $257.10
🎯 Target 4 (macro): $295.14
> The current zone offers an attractive risk-to-reward opportunity for swing traders, as long as the higher low structure is maintained.
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🔴 Bearish Scenario (Breakdown from Key Support Zone)
Should the price break below $157 with strong selling volume:
1. That would invalidate the bullish setup and suggest a shift in structure.
2. Potential deeper correction targets include:
⚠️ Support 1: $140 (minor support from past structure)
⚠️ Support 2: $122 - $110 (major support zone from March–April 2025)
> A confirmed breakdown here would likely initiate a lower high – lower low structure, signaling a possible shift into a bearish medium-term trend.
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📌 Additional Key Indicators to Watch
🔄 Volume Spike: Essential for validating any breakout or breakdown.
📉 Daily RSI: If RSI shows bullish divergence or bounces from oversold territory, that would strengthen the bullish case.
⏳ Daily Candle Close: Monitor the next 2–3 daily candle closes around this key zone for directional confirmation.
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💡 Conclusion
SOL is at a crucial inflection point. The reaction around the $157 - $166 support confluence will likely determine the medium-term trend:
Bullish: If price reclaims $179–$188 zone with strong momentum
Bearish: If price breaks below $157 and closes with volume
This could be a high-reward opportunity for technical traders if confirmed properly.
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🧠 Suggested Strategy:
🔹 Entry: Upon bullish confirmation in current demand zone
🔹 Stop Loss: Below $155 (for swing setups)
🔹 Take Profit Zones: $179 → $205 → $218 → $257+
#SOLUSDT #Solana #CryptoTechnicalAnalysis #FibonacciLevels #GoldenPocket #PriceAction #CryptoReversal #SwingTradeSetup #Altcoins #CryptoChart
SOLUSDT 1D - Bulls back in control with Golden Cross and channelOn the daily chart, SOLUSDT is forming a bullish continuation structure. After the Golden Cross (MA50 crossing MA200), the price is now pulling back toward the midline of the ascending channel and the 0.5 Fibonacci level at 166.38. This confluence with the broken trendline and 200 EMA makes this zone a prime technical area of interest.
Support: 166.38 (0.5 Fibo), EMA200 (161.77), broken trendline
Resistance: 182.84–189.67 (Fibo 0.705–0.79), 206.54, target - 255.93 (Fibo 1.618)
This retracement looks healthy, supported by higher volume during the prior bullish leg. As long as the 166.38–161.77 zone holds, continuation toward 206.54 and potentially 255.93 is on the table.
Fundamentally, Solana remains a key L1 narrative with strong traction in DePIN and AI-linked dApps. The rising TVL and investor sentiment support the trend.
Watch price action around 166 for confirmation - this is the battleground.
#SOLUSDT: A Big Move In Making Crypto Market Is BullishCrypto market remain bullish and as for the SOLANA we remain quite optimistic; currently price is trading at critical level and waiting for liquidity to emerge. We need strong volume for big price movement. Follow a strict risk management while trading crypto market.
Good luck and trade safe.
Team Setupsfx
#SOLUSDT: Price to turn extreme bullish! Get ReadyHey there everyone! 👋
I’ve got some updates on the BINANCE:SOLUSDT price. It’s been testing a crucial level, and it’s showing some really strong bullish signs and patterns. But here’s the thing, we’re starting to think there might be a possible reversal coming up in the next few days. If we’re right, the price could hit all three targets we’ve been tracking.
Remember, though, that this is just our analysis, and it’s always a good idea to use accurate risk management when you’re trading.
Thanks for your support! 😊
If you want to help us out, here are a few things you can do:
- Like our ideas
- Comment on our ideas
- Share our ideas
Team Setupsfx_
SOL/USDT | SOL Drops 25% – Approaching Key Buy Zone at $136–$148By analyzing the Solana chart on the daily timeframe, we can see that, like the rest of the market, it's undergoing a correction — dropping over 25% from the $206 area so far. Solana is now approaching a highly attractive buy zone between $136–$148, so be sure to closely monitor the price reaction in this range. Bullish targets will be announced soon — stay tuned!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
SOL - Support Broke, Is This Just a Retest Before The Pump?Solana just lost a key structural level on the 4H chart — the former range high (~163–166), which had acted as resistance throughout June and flipped to support in mid-July. Price is now sitting just below this zone, forming a weak retest without any real bullish momentum.
This setup often leads to trap scenarios: either a fast reclaim (bullish deviation) or a clean continuation to the next demand. So far, the price is holding below the EMAs and failing to reclaim lost ground — not a bullish look.
📌 Confluence for Further Downside:
Break and close below prior support
EMA 50/100 acting as dynamic resistance
No bullish divergence present (if RSI confirms)
Weak volume on current bounce attempt
If sellers stay in control, eyes are on the next demand zone around 144–146, which supported the last major breakout. Conversely, a clean reclaim above 166 and back inside the range would flip bias neutral-to-bullish.
Bias: Bearish unless 166 is reclaimed
Invalidation: Break above 177–180 (EMA cluster)
Next Key Support: 144–146
Potential Setup: Short on failed retest / Long on demand reaction
Do you see this as a breakdown or a trap? Let me know 👇
Solana Update · Retrace, Bears & The Bullish BiasSolana had a retrace in May. Notice the 19-May date on the chart. This retrace produced four weeks red. The bullish move that led to this retrace lasted 6 weeks. The last rise lasted five weeks and the current retrace might last only two weeks, can be less.
We are seeing Solana rising but this rise is not a one-time off event, this is a trend that is developing. An uptrend as a long-term phenomena is different to a short-term bullish moves. A short-term move tends to be really fast, one strong burst and that's it. A long-term move is different. Instead of seeing 2-3 candles and Solana trading at $1,000, we see dozens and dozens of candles with prices slowly rising. There are strong fluctuations but the end result is always up. And that's how you see the fluctuations on the chart.
Solana moved up and then immediately started to retrace. Then another rise and another retrace again. This retrace will end and prices will continue to grow long-term. The bulls are in. The bull market is on. Solana, Bitcoin, Crypto and the rest of the Altcoins market is going up.
Namaste.