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SOL / TetherUS PERPETUAL CONTRACT

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SOLUSDT.P trade ideas

SOL: Bears in ControlWill Solana Hold the Line at $127? Solana's price action is tense, trading at $127, a key psychological and technical support level. The recent decline has been driven by negative sentiment, exacerbated by institutional outflows and overall crypto market weakness. However, this is also where the market could flip. Traders should be on high alert for any signs of reversal or continuation as SOL approaches oversold conditions across multiple indicators. Momentum Breakdown: Bearish but Ready for a Rebound? The 1H RSI is deep in oversold territory, signaling that sellers may be running out of steam. With the price pressing against the lower Bollinger Band, a quick bounce isn’t out of the question. The MACD shows lingering bearish momentum, but the gap between the histogram bars is narrowing, hinting at a potential bottoming out soon. On the 4H timeframe, the RSI remains low but slightly more stable. Volume spikes on the 4H chart could indicate that larger players are preparing for a potential reversal or trying to push the market further down to scoop up cheaper tokens. Watch for a Bounce or Breakdown Bullish Scenario: If SOL manages to defend the $127 level, we could see a short-term bounce to $132.50, which aligns with the 50-day moving average and upper Bollinger Band on shorter timeframes. A successful breach of $132.50 would indicate strength, and the next target would be $138, where multiple resistance levels cluster. Bearish Scenario: A sustained break below $127 could trigger a sell-off down to $123.28, a secondary support level. If that fails, expect deeper pain with $110 in sight, especially if the broader market stays bearish. A drop in OBV supports this negative outlook, signaling continued distribution. Trader Takeaway: Timing is Everything This is a high-risk, high-reward moment for Solana traders. Watch for a bounce at $127 for a quick long trade, but be prepared to cut losses quickly if the level breaks. Volatility is likely, and setting stop losses tightly is crucial here. If you’re a swing trader, a break above $132.50 could offer a safer entry for a ride up to $138 or even $150 in a stronger market rebound. For now, the best strategy is patience and caution—the next 24-48 hours will reveal whether SOL has the strength to rally or if the bears will tighten their grip. With Solana teetering at $127, now is the time for decisive action. If you're eyeing a bounce, this is your potential entry point, but be ready to exit quickly if support breaks. Set tight stop-losses below $127 to protect against a further drop, and monitor volume closely for signs of a reversal. If $132.50 is breached, it could be the start of a broader recovery, giving you a prime chance to ride the wave higher. In this volatile zone, quick reactions and well-placed orders will be key to staying ahead. Stay engaged, don’t miss the breakout!
by MonoCoinSignal
Solana | Simple Candlestick ReadingLet's look at Solana based on candlestick reading. (Notice the numbers and letters on top of the candles.) ➖ March 2024 signals the end of the bullish wave. (1) Breakdown. After the rise prices move lower strongly for the first time. (2) The first breakdown is confirmed by a second breakdown. (C) Continuation. (3) Strong breakdown. Lower high compared to number one. This session becomes the main market bias. The main bias is down based on this candle. What is happening now is a down-move. This down-move started on number one and is confirmed here again at number three. (C) Consolidation of the breakdown. (4) Breakdown. (C) Consolidation likely leading to the continuation of the breakdown. ➖ The whole dynamic is one of lower prices. A bearish trend. It would take at least six months for this chart structure to change. ➖ Conclusion & Interpretation My opinion, based on the above data, is that Solana will continue to move further down before changing from bearish to bullish. When will it change? The chart will let us know. When the chart shows the reversal (bullish signals), I will share them here with you. Namaste.
Short
by AlanSantana
12
SOLUSDT, Mon 16 Sep. Patience For Profit!I didn't want to trade on Sunday either, but it was a good trade. Better than the profit I made, it was to correct my own price range. Now I see this week's market better (of course I think). In my opinion, this week will be a down week for Solana. I also got confirmation of it from the dollar index chart. If you look at the chart of the dollar index, (in my opinion) it will have a bullish week. What is my plan? I will wait for the price to perform its fluctuations. He may do a low-risk trade in the afternoon, but this is not my main trade. My price range is from 138 to 120 soles. The price has once touched the 50% Fibo level and is moving upwards. How high will the price go? (I don't know) But when I see that the structural shift market takes shape, I will wait for a good shorts. This wait may last until Thursday. If you are with me, wait for my updates by boosting this idea! If you have any comments, please share them with me. Begging for patience!
Short
by kevin13433
2
3 Clear Outcomes for SOL heading into Q4Alrighty tradegang - we're looking at SOL daily here One of two things are going to happen... or both A) Price is in the process of forming a higher low and demand in that range is increasing volume wise, which means we hit the first fair value gap for sure, possible even 147 range B) We test the demand zone a 3rd time, and form a new ceiling - meaning we would be bearish and heading down to $120 again C) Price does retest demand zone, but the low will be $127, which would still be a higher low and a bullish indicator heading into Q4
by laynenels
SOL Analysis — Potential for Further Downside?Solana (SOL) is showing several signals of a further correction. After SOL bounced from its core support level at $125, the price was rejected at the EMA 200. Currently, SOL is trading below all significant exponential moving averages (EMA). Typically, this is an explicit confirmation of a downtrend. Even worse, the Stochastic RSI is in overbought territory. Plus, the K-line has crossed below the D-line—a typical signal for a potential downside move. The Facts Summarized: EMA 200 rejection: SOL attempted to break above the EMA 200 but was swiftly rejected. Overbought Stochastic RSI: The overbought conditions suggest the momentum might be cooling off. Downtrend: SOL continues to trade below its EMAs, confirming the bearish structure. However, even in case of a move to the downside, the 125-level should serve as an essential support. A Sign Of Hope — BTC! While the signals for SOL are mainly bearish, it’s essential to keep an eye on Bitcoin (unsurprisingly). If BTC continues its upward momentum early next week, this could invalidate the bearish setup for SOL and spark a new push upward. The next few days will be crucial to watch.
Short
by ben_walther
1
SOL Trends Trends TrendsTrends aren't just linear, they should also be analyzed parabolically. In fact, parabolic trends are one step ahead of linear trends. Because they better show the slope and movement of the price. In this chart work, I created a long-term setup for Solana using linear and parabolic trends. Many of us may have strong bullish sentiments about the fourth quarter of 2024 and believe that things will be wrapped up in this quarter. But I think there's something we're overlooking. The cycles have literally been completed every 4 years so far, and this hasn't changed yet. This won't change again. I believe the cycle finale will happen in the fourth quarter of 2025. Both historical processes and the chart tell me this. Also, my bold price target for Solana is $710 - $750. But first i think we should see dump action.
Short
by huecoshunter
SOL Can Be a Reliable Player Solana has become one of the foremost traded, and discussed alt coin seemingly surpassing the expectations of ethereum. With a solid network, and strong fundamentals, we could see Solana as being one of the most reliable top performers for the next bull-run. Currently, I do have one monthly un-tapped level of liquidity sitting at approx $96. This lines up perfectly with a swing failure pattern of the previous $100 low, with a tap into the monthly liquidity to send this coin higher. Only time will tell.
Long
by afurs1
1
Solana | Are You Still Bullish?Don't tell me you are one of those that belief the market will grow forever, for whatever reason; the CPI. Don't tell me you belief that stuff. If you belief it, how come you are reading this? Are you still bullish? There is surely a time and place to be bullish, there are surely many pairs and projects that are bullish but Solana is not part of this list. ➖ Look at the left side of the chart, late 2023. See the size of the candles. ➖ Then look at the right side, notice the size of the candles. ➖ Notice the volume on the left side of the chart; there are some really high bars and these are green, then prices went up. ➖ Notice the volume on the right side of the chart; there are some really high bars and these are red, then prices went down. Bitcoin moved up today and spook some people; the effect on Solana and the other Altcoins is minimum, you can see basically no growth. This is the proof that I mentioned on how to spot the end of the correction. When the correction is over, when Bitcoin hits its bearish wave low, this pair and the other giants will print a massive green candle the next day and it will have huge green volume; right now there is none. Just letting you know once more that it is going to crash, so when it happens I can come here and write, "I told you so!" This is not really what is going to happen, but expressing myself differently might wake some people up. If you know what is coming, you are fine... But some people are about to lose their homes. Namaste.
Short
by AlanSantana
13