SOL longHourly just took out a key daily swing low
1 hour PA just immediately thrusted back above the low and closed strong above it.
I've market-longed this with the idea that this is about to squeeze the bears.
SOLUSDT.P trade ideas
The bearish superwave of SOL has begun (3D)It seems that the The bearish superwave of SOL has begun.
A large liquidity pool has formed below the price, which is likely to break soon.
The all-time high has been broken falsely. This could lead to heavy drops in the weekly timeframe.
In the mid-term and long-term, Solana appears bearish.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
SOL Long Term ViewPrice is retracing to the demand zone at the low of the right shoulder for this inverse H& S pattern.
If it fails to find support around $100 could be detrimental for SOL bulls with $78 being the next area of support. A bounce from 100 could send the price up to 500 USD.
Solana WavesMaybe the 5 waves of the impulsive cycle of the current Solana cycle is like this (I'm not an expert in Elliott waves)
SOLUSDT - Weekly TimeframeIf SOLUSDT cannot maintain the current dynamic uptrend trendline, here are it potential targets in the weekly timeframe.
NothingThis is the result of trusting certain politicians !!
Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own.
If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation.
If you like support me...
SOLANA price is retesting for another bull run?#solana #sol price is now again testing the major support zone. Also, this may be the retest of CRYPTOCAP:SOL price to have another bull run. If #solusd loses 140 usd region , then the invalidation of bullish retest will occur.
SOL Retesting the Descending ChannelBINANCE:SOLUSDT drops back to retest the descending channel.
The last two times it touched this level, it held and bounced up.
Let’s see if it can hold again this time—if not, it might drop to $146.
From the last two experience of bouncing back, we might know if it can hold this key support within a week.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
SOL/USDTThere is a breakout of the January low + complete filling of the daily FVG. Growth targets:
Target 1 = 220
Target 2 = 244
Target 3 = 271
Solana Breaks Key Support Level: Is It Time to Sell...?Solana has recently broken through the critical support level of $180 on the daily timeframe, signaling potential further downside. Traders are now faced with whether to take a short position immediately or wait for a retest of the broken support.
For those looking to enter a short trade, the ideal entry zone lies between the $170 and $180 range. With this strategy, it’s recommended to place a stop-loss at $190 to limit potential losses. The primary target for this short trade would be the next major support level around $120, offering a substantial downside potential.
As with any trading decision, caution is advised. Waiting for a retest could offer a better risk-to-reward ratio while entering now, allowing you to capitalize on the initial drop. Stay alert to market movements and adjust your strategy accordingly.
$SOL: warning!**🚨 CRYPTOCAP:SOL Analysis: Major Unlock & Market Impact 🚨**
📅 **March 1st Unlock:**
Approximately 11.16 million SOL tokens (~$2 billion) are set to be released into the market.
🔗 Source: (www.eblockmedia.com)
### **What’s Happening with CRYPTOCAP:SOL ?**
After the $TRUMP pump, Solana faced a significant pullback, which was expected after such hype. However, a more concerning effect of the meme craze is the liquidity drain from the Solana ecosystem.
🔻 **Liquidity Issues:**
- Rug pulls often result in selling SOL for cash, CRYPTOCAP:USDT , or even $CRYPTOCAP:BTC.
- Exchanges like Raydium and Meteora made huge profits from fees in SOL and typically "sell to cash out".
This has led to a liquidity squeeze, causing a prolonged consolidation.
📉 **Technical Outlook:**
- Daily timeframe: Consolidation appears to be ending, and MACD is about to cross bullish, signaling a short-term relief for 1-2 weeks.
- Weekly timeframe: The bearish divergence remains strong and still needs to play out.
- A double top bearish pattern is identified, likely to push the price down.
⚠️ **March 1st Unlock - The Biggest Bearish Factor**
While 11M SOL represents only 2% of circulating supply, it comes at a bad time, adding selling pressure just as the ecosystem struggles with bearish sentiment.
### **Price Outlook:**
🛑 Short-term impact: Likely downside pressure.
✅ Long-term: Solana remains a solid and popular blockchain—it will recover.
**📉 Price Targets:**
- $160 or lower seems likely.
- Worst-case scenario: $120 , which is a major support level.
💡 Potential Buy Opportunity for long-term holders!
**DYOR!**
Technical Analysis of SOLUSDT (1D Chart - OKX)Technical Analysis of SOLUSDT (1D Chart - OKX)
Trend Analysis & Market Outlook
The chart illustrates a downtrend, with the price currently trading near the lower support level.
Key resistance levels are observed at 239.03 and 295.82, indicating potential upside targets if a reversal occurs.
The Stochastic Oscillator appears to be in the oversold zone, suggesting a possible short-term bounce.
The volume profile suggests declining buying pressure, reinforcing the bearish sentiment.
Key Levels & Trading Strategy
Support & Demand Zone: A strong demand zone is located around 168-175 USDT, with a potential buy entry.
Resistance Levels:
Short-term: 214.36 USDT (TP1), 215.81 USDT (TP2)
Mid-term: 239.03 USDT (TP3), 264 USDT (TP4)
Long-term: 295.82 USDT (Major resistance & supply zone)
Risk Management & Trade Setup
Bullish Scenario: If the price holds above 175 USDT, a bounce towards 214-239 USDT could occur.
Bearish Scenario: A breakdown below 168 USDT could trigger further downside toward 140 USDT.
Stop Loss (SL): Suggested around 14 USDT below entry for risk control.
Final Conclusion
Primary Bias: Bearish (until price reclaims 215-220 USDT)
Short-Term Play: Watch for potential reversal signals near the demand zone (168-175 USDT).
Long-Term Positioning: A break above 239 USDT may signal a trend reversal.
Would you like additional indicators for deeper analysis? 🚀
SOL Biggest Bargain Buy Opp at 50WMAI wrote my thesis on Solana in July 2023 when it was at $25 and memecoins weren't even a thought.
No one even knew what BONK was, but the developer community was thriving, and all the best dApps were being built there.
Now that people are tired of rinsing themselves clean at the casino, it's funny to see them call CRYPTOCAP:SOL ded ~$180💀
SOL is up 625% since I first wrote about it 😂
The blockchain has tremendously improved in every metric, with a plethora of new advancements on the near horizon, including Firedancer 🔥
Buying SOL here at the 50WMA is an absolute gift.
Target is still, and always will be $700-850 within the next 9 months.
SOLThe news that FTX will start paying its creditors next month could have several potential impacts on Solana (SOL), given the historical ties between FTX, Alameda Research, and Solana. Here's how this development might affect Solana:
1. Potential Selling Pressure on SOL
• FTX and Alameda Research were major holders of Solana (SOL) tokens. As part of the bankruptcy proceedings, these assets may be liquidated to repay creditors.
• If a significant amount of SOL is sold on the market, it could lead to increased selling pressure, potentially driving the price of SOL down in the short term.
2. Market Sentiment and Uncertainty
• The repayment process could create uncertainty in the market, especially if creditors choose to sell their received SOL tokens immediately.
• Negative sentiment around the FTX bankruptcy and its association with Solana could temporarily weigh on SOL's price and investor confidence.
3. Long-Term Impact on Solana's Ecosystem
• If the selling pressure is absorbed by the market without significant price disruption, it could remove a major overhang for Solana, as the uncertainty around FTX's SOL holdings would be resolved.
• Solana's ecosystem has shown resilience and growth despite the FTX collapse, with increasing developer activity, user adoption, and decentralized application (dApp) usage. This could help mitigate any negative impact.
4. Creditor Behavior
• The impact on SOL will depend on how creditors handle the tokens they receive. If creditors hold onto their SOL, the selling pressure could be minimal.
• Conversely, if creditors sell their SOL tokens en masse, it could lead to a temporary price drop.
5. Broader Market Conditions
• The overall cryptocurrency market sentiment and macroeconomic conditions will also play a role in determining SOL's price movement. If the market is bullish, the impact of FTX-related selling could be less severe.
6. Solana's Fundamentals
• Solana's long-term price trajectory will depend more on its underlying technology, adoption, and ecosystem growth rather than short-term selling pressure from FTX creditors.
• Recent developments, such as the growth of Solana-based projects (e.g., DeFi, NFTs, and meme coins), could help offset any negative impact.
#SOL/USDT Analysis!📉 CRYPTOCAP:SOL swept PWL and tapped the 4H +OB.
🚨 If this +OB fails to hold, a sweep of PML $168.33 could be next.
🔹 Resistance: PWH $208.9
🔹 Support: $168.33
👀 Watch how price reacts here!
Breaking News - SOL MartyBoots here , I have been trading for 17 years and sharing my thoughts on SOL here.
SOL looks bad overall and this news may make SOL drop more
Do not miss out on SOL as this can affect the entire market
Watch video for more details
SolusdtSolana is currently testing a strong resistance level around $160. Previously, it attempted to break this level twice but failed to sustain.
This time, if Solana manages to break through $160, it will need to hold above it to confirm support. However, if it fails to sustain, the next key support levels to watch are:
1. $160 – A weak support level that may not hold for long.
2. $120 – A stronger, more significant support level if the price drops further.
The coming days will be crucial in determining whether Solana can establish support above $160 or retrace toward $120.
SolusdtSolana is currently testing a strong resistance level around $160. Previously, it attempted to break this level twice but failed to sustain.
This time, if Solana manages to break through $160, it will need to hold above it to confirm support. However, if it fails to sustain, the next key support levels to watch are:
1. $160 – A weak support level that may not hold for long.
2. $120 – A stronger, more significant support level if the price drops further.
The coming days will be crucial in determining whether Solana can establish support above $160 or retrace toward $120.
SOL- Death I've entered a short position on SOL at $180, with a long-term target of $100.
This isn’t coming from a place of hate...I’ve been a large holder for years and was accumulating under $20.
However, I’ve now fully exited my position. Beyond memes and rug pulls, I don’t see Solana offering real value to the space.
The ecosystem is largely propped up by Star Atlas, and I believe people are starting to recognize this, leading many to shift back to ETH.
This could trigger a near-term capitulation, so I’m hedging accordingly with a short.
Not to mention, SOL/ETH also looks to have topped.
Solana (SOL) Faces Major Trouble – Could Drop Below $170 SoonSolana’s struggle below $200 continues, now down 17% from its monthly highs above $220. Despite previous bullish momentum, SOL is facing serious downside risks, with multi-month support levels in danger.
🔻 Why Is Solana Dropping?
- Memecoin Controversy – Scams linked to LIBRA, Pumpfun, and Meteora have shaken investor confidence.
- Declining TVL & Volume – TVL fell from $12B to $8.9B, while trading volume collapsed from $35B to $2.5B.
- Open Interest (OI) Drops – Fell from $6.5B to $4.1B after rejection from its ATH of $296.
🔍 Technical Breakdown Signals Bearish Divergence
📌 Breaking Below 200-Day MA ($183.47) – SOL is losing critical support.
📌 OBV Downtrend – Lower highs and lows confirm bearish divergence.
📌 Pivotal Resistance Zone: $181.99 - $178.50 – If bulls fail to hold this range, expect a drop below $170.
What’s Next for SOL?
- Bullish Case: SOL needs to reclaim $185+ quickly to regain momentum.
- Bearish Case: If support at $178 fails, SOL could dip below $170 this week.
With memecoin uncertainty hitting Solana’s ecosystem, will the bulls step in, or is a deeper drop coming?
