SOLUSDT is back in a bullish trend. Rally...SOL - the fundamental situation is improving due to the news that the SEC is starting to work on SOL-ETF, or rather actively accepting applications. Approval of SOL-ETF is a matter of time.
The price is coming out of the downtrend, the fundamental background (economic news) is gradually turning in a favorable direction.
Scenario: Price consolidation above 200 - 210 will increase the bullish interest, thus may support the price and influence the growth. Medium-term targets in this case could be 220-240-270.
SOLUSDT.P trade ideas
SOL/USDT 1H: Bullish Breakout Holding – $210 in Sight?!SOL/USDT 1H: Bullish Breakout Holding – $210 in Sight?
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Market Structure & Momentum:
Bullish momentum intact with a clear pattern of higher lows and higher highs.
Current Price: $203.28, confirming a strong breakout above $202 resistance.
RSI at 69.43, nearing overbought territory but still showing strength.
Pattern: Inverse Head & Shoulders completed, with neckline at $198 confirming breakout.
Trade Setup (Confidence 8/10):
Entry Zone: $201 - $202 (on slight pullback).
Targets:
T1: $206 (short-term resistance).
T2: $210 (key level from previous structure).
Stop Loss: Below $198 (recent support level).
Risk Score:
7/10 – Strong bullish setup, but overbought RSI warrants caution on aggressive entries.
Smart Money Analysis:
Institutional accumulation evident around $196-$198, indicating strong buying interest.
Volume profile confirms heavy Smart Money involvement, supporting continuation.
No significant bearish divergences visible, keeping the uptrend intact.
A minor pullback could offer a better long entry before continuation.
Recommendation:
Long positions favorable on pullback to $201-$202 for better risk-reward.
Avoid chasing entries at current levels—wait for slight retracement.
Monitor price action near $206—strong breakout there confirms a push toward $210.
Confidence Level:
8/10 – Trend is bullish, but RSI suggests waiting for optimal entry.
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$SOL/USDT Update:
Price has absorbed selling pressure near $173, signaling a potential reversal.
🔸 Key Support Zone at $173:
A liquidity grab below $173 could trigger a strong bounce.
🔸 Upside Target:
If the level is successfully retested, a push toward $220 - $325 is expected.
🔸 Risk Level at $170:
Sustained price action below $170 may weaken bullish momentum and delay the breakout.
🔸 Action Plan:
Monitor for a fakeout below $173, followed by confirmation of a strong upward move!
Mirror, Mirror, on the Wall; Who’s the Fastest of Them All?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
🪞 "Mirror, mirror on the chain, which L1 is fast and reigns?"
🔮 Solana: The fairest of them all! ⚡️🚀
📈After rejecting the upper bound of its channel, SOL has been in a correction phase and it is currently nearing the lower bound of the channel.
Moreover, the $175 - $190 zone is a strong support and structure.
🏹 Thus, the highlighted blue arrow zone is a strong area to look for buy setups as it is the intersection of support and lower green trendline acting as a non-horizontal support.
📚 As per my trading style:
As #SOL approaches the intersection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Solana Faces Pressure as Pump.fun Offloads $28M SOLThe cryptocurrency market has recently witnessed a notable shift as Pump.fun, Solana’s memecoin launchpad, executed a massive sell-off of 148,759 SOL, worth approximately $28.22 million, to Kraken. This move has triggered speculations regarding Solana’s potential downtrend, raising concerns among investors and traders.
Market Reaction to the Sell-Off
Despite the global crypto market reaching an impressive $3.16 trillion, Solana is facing notable resistance. The recent sell-off by Pump.fun has heightened fears of a continued bearish trend. To date, the launchpad has transferred a staggering 2,280,377 SOL, valued at approximately $462 million, to Kraken. While 264,373 SOL has already been sold for 41.64 million USDC, Pump.fun still holds 16,877 SOL, indicating the possibility of further market activity.
Additionally, Solana’s decline comes as Binance Coin (BNB) surpasses it in market capitalization, now standing at $96.15 billion compared to Solana’s $93.16 billion. Market sentiment is shifting as Solana’s 24-hour trading volume has decreased by 11.51%, now at $3.39 billion.
Technical Analysis
At the time of writing, Solana is trading at $191.17, experiencing a minor 0.20% increase in the last 24 hours. However, the broader trend presents a concerning outlook.
Key Technical Indicators:
- Break of Structure (BOS) Nearing $180: Currently, Solana is hovering around the BOS level. A confirmed breakdown below $180 could trigger a severe selling spree, pushing SOL toward deeper support zones.
- Fibonacci Retracement Analysis: A breakout above the 38.2% Fibonacci retracement level could invalidate the bearish sentiment and spark a bullish rally. If Solana reclaims this level, it could set sights on the $400-$500 range in the long term.
Conclusion
Solana is at a critical juncture, with its price movement hanging in the balance between bearish pressure and potential recovery. The recent Pump.fun sell-off has introduced uncertainty, but key technical levels and broader market sentiment will dictate the next move. A break below $180 could trigger a major decline, while a decisive move above the 38.2% Fibonacci level could renew bullish momentum. Traders should stay alert and adapt their strategies accordingly in this volatile environment.
SOL buy setup 12H TFSolana has not yet formed a bearish structure on higher timeframes. There is a support zone on the chart from which the price may bounce upward.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
$SOL - Parabolic Curve BreakdownSOLANA daily structure is still look intact, holding its daily parabolic curve, though it looks like it wants to roll over, to be honest.
SOL/BTC chart is showing the same setup that ETH/BTC had before losing strength to Bitcoin — a long consolidation before the inevitable breakdown.
If we're going to lose $180, we can see it dropping to $150 or could go lower to $115 (demand zone)
SOL Explosive Breakout? Key Levels to Watch Now!SOL is currently trading within a falling wedge pattern after making a new All-Time High. The price is consolidating between the $189.89 support level and the $207 resistance level. A confirmed breakout above the falling wedge and resistance at $207 could push the price towards the next resistance zone, marked in green, between $218.76 and $223.12.
If SOL tests the support at $189.89, followed by a bullish Internal Change of Character (I-CHoCH), this would present a high-probability, low-risk entry. If momentum continue, SOL could rise to new highs.
However, if SOL breaks down and closes below the support zone (Yellow) between $174.28 and $177.23, the bullish setup would be invalidated. In this case, it’s best to remain patient and wait for clearer price action before considering an entry.
Solana-ETF Hopes and Price OutlookVanEck's Matthew Sigel and Patrick Bush recently shared their Solana price prediction on X (formerly known as Twitter). I will copy their text for you here.
VanEck
Our Solana Price Target by the End of 2025 is $520
We value Solana (SOL) based on its projected year-end market share within the smart contract platform (SCP) market. Our SCP market cap forecast is derived from U.S. M2 money supply growth, given its strong historical correlation with crypto market capitalization.
We project M2 to reach $22.3T by the end of 2025, maintaining its 3.2% annualized growth rate since its last trough in October 2023. Using regression analysis, we estimate total SCP market capitalization will grow 43% to $1.1T by year-end 2025 (vs. $770B today), surpassing its 2021 peak of $989B. Historical data shows a strong correlation between M2 and SCP market cap, with a 12-month moving average R² of 0.36 and a t-statistic of 5.7 (p < 0.0001).
Currently, Solana holds 15% of SCP market cap, but we forecast its share to rise to 22% by EOY 2025. This projection is supported by Solana’s developer dominance, increasing market share in DEX volumes, revenues, and active users. Using an autoregressive (AR) forecast model, we estimate Solana’s market cap will reach ~$250B, implying a SOL price of $520 based on ~486M floating tokens.
The $520 price target is unlikely to be achievable without the approval of a Solana-based spot ETF in the U.S. Therefore, we should assess the likelihood of such approval and when it might occur.
ETF Approval Date
Currently, there is some misleading information circulating on social media claiming that BlackRock CEO Larry Fink stated that the SEC will approve a spot ETF in the U.S. as early as February 2025. In reality, Larry Fink never made such a statement. The creators of these fake screenshots likely used Photoshop to fabricate them.
According to official information, the SEC is expected to make a decision on the Solana-based ETF between October 2 and October 18. Now that the timeline is clear, let's discuss the odds.
ETF Approval Odds
Bloomberg analysts James Seyffart and Eric Balchunas have estimated the likelihood of approval for various cryptocurrency ETFs in 2025. Data from their table indicates that they estimate a 70% chance of a Solana ETF being approved in 2025.
We can gauge market expectations using the Polymarket platform. Currently, there are two betting options available. Only 36% of participants are betting that SEC approval will be granted in the first half of 2025.
Meanwhile, 84% of participants are betting on SEC approval occurring at some point in 2025.
Based on this data, it is more likely that approval will be granted, but only in the second half of 2025.
Technical Analysis
On the chart, we can clearly see the channel within which the price has been moving for several months.
At the moment, the market is bearish in the short term. For this reason, it is highly likely that the price will approach the lower boundary of this channel in the coming months. This roughly corresponds to a price of $170. Buying at $170 or even lower would be an excellent opportunity to open a long position. However, for the trade to be successful, the price needs to remain above the lower boundary of the channel.
Why I Took This Winning Trade on SOLUSDT (Short)
Trade Summary:
Pair: SOL/USDT
Trade Type: Short
Leverage: 30x
Entry Price: 195.688
Exit Price: 194.510
Profit: +18.06%
The Setup 🔍
This trade was based on a confluence of technical indicators and market structure analysis. Looking at the 15-minute chart, several factors aligned perfectly, creating a high-probability setup. My goal was to capitalise on a short-term retracement before a potential upward move.
Why I Took This Trade
Market Structure & Key Levels
The LOD (Low of the Day) was breached earlier, giving a strong signal that price would likely retrace to test lower support levels before making a move upward.
The 50% H/LOD level acted as a magnet, suggesting a bounce from these zones.
Session Timing
The trade was taken near the transition between the Asian and UK sessions, a period known for higher volatility and increased movement.
The timing aligned with the London session’s breakout patterns, where price often sweeps lows before retracing.
EMA Strategy
The alignment of multiple EMAs indicated a bearish trend continuation in the short term.
Price rejection at the IHOD (Initial High of the Day) further confirmed the short setup.
Order Block Detection
The chart showed a bearish order block, providing an additional layer of confirmation. The expectation was that price would fill that block before reversing.
Execution ⚡️
Once these criteria aligned, I entered the trade at 195.688 with a tight stop above the recent high. My target was just above the 193.18 support level, ensuring a favourable risk-to-reward ratio.
Reflection & Outcome 🎯
The trade played out beautifully, reaching my target with minimal drawdown. The +18.06% profit on 30x leverage is a solid reminder that sticking to a strategy and trusting the setup pays off.
Key Takeaways ✍️
Patience is key: Waiting for confirmation from multiple indicators increases the probability of success.
Session timing matters: Transitions between sessions often bring strong moves.
Focus on high-probability setups and avoid overtrading.
Trading Plan for SOLUSDT Long EntryTrading Plan for SOLUSDT Long Entry
1. Entry Point:
Your entry seems to be around 191.46 - 188.00 USDT, which is within a demand zone (highlighted in blue).
The price is currently consolidating near the 4H Order Block (OB), indicating a potential bullish reversal.
2. Stop Loss (SL):
A reasonable SL would be placed slightly below the 185.25 USDT level to avoid being stopped out by market noise while still protecting capital.
3. Take Profit (TP) Targets:
TP1: 203.55 USDT – First target to secure partial profits and de-risk.
TP2: 222.09 - 222.17 USDT – Major resistance zone, ideal for closing the position.
4. Risk-to-Reward (R:R) Ratio:
Entry: ~191.46 USDT
SL: ~185.25 USDT (Risk: ~6.21 USDT)
TP1: ~203.55 USDT (Reward: ~12.09 USDT) → 1:2 R:R
TP2: ~222.09 USDT (Reward: ~30.63 USDT) → 1:5 R:R
5. Confirmation & Trade Execution:
Break of Downtrend Line: Watch for a strong bullish candle breaking the descending trendline for confirmation.
Volume Analysis: Increasing buy volume at support strengthens the bullish case.
Market Conditions: Ensure Bitcoin and the overall crypto market sentiment align with the long setup.
6. Risk Management:
Risk per Trade: Keep it between 1-2% of your trading capital.
Trailing Stop: Move SL to breakeven once TP1 is hit.
SOL → The coin may get a chance for growthBINANCE:SOLUSDT is testing trend support and at the same time bulls are trying to hold their defenses above the intermediate bottom and enter the buy zone.
SOL both fundamentally and technically has good potential. Bitcoin is consolidating at this time and it can give strong coins a chance.
Technically, solana tested the trend support with a touch and is trying to consolidate. I don't exclude the possibility of a false breakdown of the trend support before further growth, but at the moment the focus is on the resistance 200 - 203. If the bulls hold the defense above this area, the coin could strengthen to 245 - 270 - 290 in the medium term.
Resistance levels: 203, 200
Support levels: 188, trend
Emphasis on the local boundaries of the range. The market is struggling for the zone 200-205, bitcoin at this time is forming a local bullish momentum, which can also become a driver for the cryptocurrency market.
Regards R. Linda!
long trade Mon 10th Feb 25
7.30 pm (NY time)
Pair SOLUSDT
Entry 2min TF
Observed 30i=min TF
RSI cross (directional bias)
Entry 201.822
Profit level 205.861 (2.00%)
Stop level 201.161 (0.33%)
RR 6.11
Reason: Mapping SOLUSDT on the 30min TF suggested a buyside trade based on the narrative of supply and demand.
SOL About to EXPLODE? Key Pattern Signals a Massive Move!Yello, Paradisers! Is SOLUSDT gearing up for a breakout, or will the market shake out weak hands before the real move? Let’s break it down!
💎SOLUSDT has completed a triple zig-zag pattern, which significantly increases the probability of a bullish move. This structure often marks the end of corrective phases, setting the stage for a strong reversal.
💎Adding to the bullish case, SOL has broken out of a falling wedge pattern—a textbook bullish reversal signal. However, to manage risk effectively, scaling into positions rather than entering all at once is the smarter play.
💎Further confluence comes from a bullish divergence, reinforcing the likelihood of upward momentum. That said, we could still see some consolidation or even a liquidity grab before the next major move. If SOL sweeps the lows for inducement and then prints a bullish I-CHoCH (Internal Change of Character), that would present a high-probability, low-risk entry.
💎However, if SOL breaks down and closes candle below the support zone, it would invalidate this bullish setup. In that case, the best approach would be to stay patient and wait for clearer price action before taking any new positions.
🎖 The market rewards patience and precision. Let the liquidity games play out, and only strike when the setup is at its highest probability. Trade smart, Paradisers!
MyCryptoParadise
iFeel the success🌴