Solana (SOL/USD) - Bullish Reversal from Key SupportSolana (SOL) has been in a downtrend, retracing from its previous highs. However, the price is now reacting to a strong support zone around $140 - $101, suggesting a potential reversal toward higher levels.
Technical Analysis:
✅ Key Support Holding: The $101 - $140 zone has acted as a strong demand area, preventing further downside.
✅ Bullish Reversal Potential: If buyers maintain momentum, SOL could rally toward the $250 - $260 resistance zone.
✅ Price Structure: Previous price action shows a history of strong rebounds from similar levels, making this a high-probability trade setup.
✅ Resistance Zone: $257 - $260 is the next major target, aligning with historical price action and key resistance.
Trade Setup:
🔹 Entry Zone: $143 (Active trade)
🔹 Target: $257 - $260
🔹 Stop Loss: Below $101 (Strong support zone)
🔹 Risk/Reward Ratio: Favorable for long positions
Fundamental Factors to Watch:
Market Sentiment: Broader crypto market trends, Bitcoin movement, and overall risk-on sentiment will influence SOL’s price.
Solana Ecosystem Growth: Any positive developments in Solana's DeFi, NFTs, or network upgrades could support bullish momentum.
Macroeconomic Trends: Interest rate decisions and global liquidity conditions could impact crypto markets.
Conclusion:
Solana is showing early signs of a bullish reversal from a strong support level. If momentum sustains, SOL could test the $257 resistance in the coming weeks. Traders should monitor price action closely for confirmation of the uptrend.
📌 Bullish setup in progress! Watch for breakout confirmation and manage risk effectively. 🚀
SOLANA trade ideas
SOLANA is struggling with 2021 ATHSOLANA is struggling with 2021 ATH.
In 2021, we saw TRADENATION:SOLANA hit $160 zone. If you zoom in on your chart like mine, you will realise why this baby is fighting tooth and nail to break that barrier.
It has pushed above that $260 zone X3 but has been closing below.
Should we expect this asset to fall back to the $222 zone?
My thoughts are on my chart.
Trade with care
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?
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.