Solana H4 | Potential bounce off 50% Fibonacci supportSolana (SOL/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 140.92 which is an overlap support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 122.00 which is a level that lies underneath an overlap support.
Take profit is at 160.65 which is an overlap resistance.
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SOLUSD trade ideas
Weekly trading plan for SolanaIn this idea I marked the important levels for this week and considered a few scenarios of price performance
The situation is similar to BTC & ETH, not a big correction, but the RSI already shows a local bearish divergence. Therefore, it is possible to see a correction before further growth
Write a comment with your coins & hit the like button and I will make an analysis for you
The author's opinion may differ from yours,
Consider your risks.
Wish you successful trades ! mura
SOL/USD – Solana is Sitting on a Major Decision Point! Solana just tapped into a high-volume demand zone between $152 – $160, where buyers previously defended price. Volume is rising as we test this key area again. This could be the final flush before a move higher.
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🔍 What’s Likely Next?
🔼 Bullish Outlook:
If SOL holds above $152.86, watch for a bounce to $168.51, followed by a potential break toward $183.18 where the supply zone is waiting.
🔻 Bearish Breakdown:
A close below $152.86 could trigger more selling, especially with USD-based volatility ahead (watch the macro events between June 3–7).
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🧠 Market Psychology:
We’ve seen multiple rejections near $183, but also strong accumulation on dips. This looks like a textbook Wyckoff-style accumulation phase. Smart money could be loading up before the next leg.
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🎯 My Trading Plan:
✅ Entering long at demand zone
🎯 Targets: $168.5 and $183+
❌ Stop loss: Just below $152
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💬 Your Turn!
Do you see a bounce coming or will SOL drop further from here?
👇 Share your analysis in the comments!
🔁 Like & Follow @FrankFx14 for more powerful setups like this one daily!
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#SOL #Solana #Altcoins #CryptoTrading #TradingView #TechnicalAnalysis #LuxAlgo #PriceAction #BuyTheDip #CryptoSignals
BULLISH SOLANAI am Bullish From $147.00 with stop loss at $110.
Price has retraced 50% from 7 April LOW to 23 May High Fibo Levels. With A good fundamental backing from the US jobs/Labour reports it seems that we might have a bottom in play an also good buy entries for solana. (RISK APPETITE)
My view on solana is long term and not yet very clear on where to place my TARGETS, but as long as my SL holds on a daily Chart at $110 I will stay Bullish.
Yes we are below the 200 EMA as Well as the 100EMA but as per the Fibo Levels I will stay bullish, A Pullback to $130 is possible if $140 cant hold that will line up with the 61.8% FIBO from the SAME Time as mentioned previously.
IF, Indeed this happens and the price holds at $130 I will add to my Bull Trade.
Technically Solana looks very BUllish for the Medium to long Term with Solid Support at $100, Until Broken My Bullish Analysis will stay in Play
SOL/USDT - Bullish setup signal (Multi-Timeframe-Confluence)Bullish bias for SOL based on falling wedge breakout potential supported by favorable multi-timeframe EMA alignment
Falling Wedge pattern detected on the weekly chart
✅ EMA (20) Levels
Daily EMA(20): 170.17
Weekly EMA(20): 162.80
Monthly EMA(20): 144.53
✅ RSI crossing/holding above 50 on daily
🎯 Trade Plan Idea:
Entry: Around 170.17
Stop-loss: Below wedge low or under 162.80 (Weekly EMA)
Target Zones:
179-180 — first key resistance
190.00–200.00 — wedge measured move target
Not financial advice.
Sol, setting!? or will it rise!
In our last Solana ( CRYPTOCAP:SOL ) update, we discussed the potential for a bounce and posed the critical question: would it be a retest or a reclaim? That distinction is now front and center as price action unfolds.
The 141 area remains the level bulls must defend. A clean reaction here, ideally with a supportive pattern, would create favorable conditions for upside continuation. However, if price returns above 169 , the current impulsive structure downward would be invalidated and a recount would be warranted, that could also be the end of the correction.
Zooming out, the bigger question is whether we are in the C wave of a flat correction. If that’s the case, then this impulse Should be the final move before a change in trend. Conversely, an impulse shouldn't be taken for granted nor lightly, I could set the stage for further down side. If a C wave, this pattern could set the stage for a powerful move after it completes.
In simpler terms:
If bulls hold 141 and reclaim momentum, the structure could shift bullish quickly.
If this is a flat, the C wave down is still unfolding, and we may need to endure one more leg lower before a true trend reversal.
Either way, patience is key. Let the chart print clarity.
Is there hope for Solana?After a retest of support around $142, SOL is testing previous support as resistance around $152.
A strong break and retest of the $153 area could signal price reclaiming support and heading towards $166.
Failing to do so could lead to a retest and confirmation of $140 as support. Of course, losing support would signal further weakness towards $136 before a reversal potentially taking place.
As mentioned before, price is still trading below 1D 200MA, which could either be signaling weakness or the potential for more upside.
Considering the downward direction of the 1D 200MA could also be a bearish signal, however, this also usually happens before a reversal.
Solana Wave Analysis – 9 June 2025
Solana: ⬆️ Buy
- Solana reversed from the support zone
- Likely to rise to the resistance level 163.80
Solana cryptocurrency recently reversed up from the support zone between the key support level 141.65 (which has been reversing the price from April), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse (1) from April.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern, the Piercing Line.
Given the improved sentiment across the cryptocurrency markets, Solana can be expected to rise to the next resistance level 163.80 (top of the previous wave B).
How low can Solana go?SOL is potentially creating a local low around $150. If buyers step in and price holds these levels, we could see a reversal, reclaiming previous support around $160.
A rejection from $160 and breaking this week's lows ($150) could signal a retest of previous levels from $130 - $140.
My personal instinct is still weary of the fact that price has been rejected twice from the 1D 200MA, potentially signaling even further weakness for SOL.
SOL Local Elliot Wave ii UnderwaySolana appears to have completed a motif wave 1 after finding a bottom at the major support high volume node (HVN) macro wave 4.
Wave 2 has not retraced as deep as other alt coins showing strength in the move up. The downside target is the HVN at $140 at the 0.5 Fibonacci Retracement.
Wave 3 should be a powerful move up taking price into all time high.
Failure to hold this support could see price heading back to fresh lows and testing the $90 HVN once more.
Safe trading
Open long when this happens...My bias for Solana is very bullish. But the current price set up is very similar to April 2022 when the price started to have a major downside move. (See blue vertical line in the chart)
Similarities between April 2022 and today's chart set up in the daily chart:
1) The price moved from the peak (Historical all time high) to trough in the descending parallel channel over four months.
2) The price finally moved out of the the channel and decisively moved up to the major support resistance line (see red horizontal line)
3) Both RSI and MACD have moved way above the overbought territory and the lines are crossed to the downside.
4) EMA21 has crossed above EMA 55, but the EMA200 is still above EMA21 and 55.5) The price has moved and closed above all EMAs but it is pulling back.
I have already finished spot buying at a much lower price point, but I am now looking for a long trading opportunity if the parabolic run is going to happen.
The set-ups for a long trade that I am waiting for are:
1) EMA 22 and EMA 55 are to move above EMA 200.
2) The price to pull back to EMAs and move up and close above EMA 21.
3) RSI and MACD to come back to at least 0 if not below 0 and start to move to the upside.
The set up where the orange vertical line in the chart is a good example of a sort of entry set up described above.
Solana Long entry After a 100% move to the upside Solana is slowly cooling off its run and heading back down to some key areas of support .
In this video I highlight where I think those reaction zones are and what I expect to see Long term from Solana .
Set alerts and be sure to monitor BTC which will give you the additional confluence of understanding why the alt coins are behaving Bearish/bullish.
Tools used in this video TR Pocket / Fibs / Volume Profile /
Any Questions feel free to ask in the comments