Solana 4h - Potential second leg down Solana has the potential for a second leg down. It can get close to it's Moving Average again
SOLUST trade ideas
Will Breakouts Happen Here?as you see on the chart a critical zone has been pointed which if Solana Price and Volume can breakout this Zone we will have an powerful uptrend for short term trend which we can Call it;
Go Too the Moon ASAP Sol Jan
Do Not Scared for any downward cause all of them are the opportunities for Having and Holding this valuable Coin which is very related To ETH too But the act of them will be different in next 6 month but after approvement of SOLANA's ETF both Mother Coins will have Same Trend as best Ecosystem of
Cryptocurrency Market
at last: Solana In Unhopeful condition
#SOLUSDT is waiting for the move...Let's have a look at #SOLUSDT chart
CRYPTOCAP:SOL did an amazing rally before Trump's inauguration with the RSI reaching at 84.21
After the correction Solana is consolidating around $239, a little lower that the key level of $242
With the current market conditions and the RSI being at 49.2 (RSI based MA 47.74) Solana is waiting for some big news to make the move
The best trading strategy right now is scalping.
Get the profits till Solana is going to soar again to new ATH
February is going to be an interesting month
Will Solana break $300 soon? What factors influence its price?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Solana , 📚🎇
The price is currently in need of a pause and consolidation phase to form a well-defined parallel channel. This period of rest will provide the market with the necessary time to stabilize and absorb recent volatility. Once the price successfully establishes this pattern, we can expect a renewed upward trajectory. This consolidation is crucial, as it will create a solid foundation for sustainable growth. Following this, a target of $300 becomes more achievable, as the market regains momentum and confidence. This methodical approach ensures a more reliable and stable progression. Ultimately, we anticipate a clear path toward reaching the $300 milestone. 📚💡
🧨 Our team's main opinion is: 🧨
The price needs a break to stabilize and form a solid pattern. Once that happens, we can expect a steady rise, with $300 as a realistic target.
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
SOLANA Bearish TemporarilySolana CRYPTOCAP:SOL broke trendline on 4h timeframe . Kickstarting a bearish move as seen.
It's diving past 50 EMA, heading for likely 100 EMA.
The price action is projected at $231.x in the short time, if 100 MA don't hold, next possible support price at $213 .
Stay alert!
Analysis of SOLUSDT Perpetual Swap (30M - OKX)Analysis of SOLUSDT Perpetual Swap (30M - OKX)
1. Trend Analysis
Mid-Term Uptrend but Weakening:
Price is still above EMA 100 and EMA 200, indicating a broader uptrend.
However, price is facing rejection from EMA 20, and a Sell Signal has appeared, suggesting increased selling pressure.
Recent movements indicate a potential retracement (pullback) or short-term reversal.
Hitting Resistance and Potential Correction:
The price was rejected from the supply zone at 244.75 USDT, which acts as a key resistance level.
Now, the price is pulling back and testing the support zone at 236.28 - 233.67 USDT.
2. Key Resistance Levels
🔴 Major Resistance Zones:
241.77 - 244.75 USDT: A supply zone where price was previously rejected. A breakout above this level could signal continuation.
249.98 USDT (Stop-Loss Zone): If price breaks this level, it may confirm a breakout for further upside.
3. Key Support Levels
🟢 Key Support Levels to Watch:
236.28 USDT (TP1 / Fib 0.382): First support level. If price holds, a potential bounce could happen.
233.67 USDT (TP2 / Fib 0.500): If the first support breaks, this would be the next key level.
231.06 USDT (TP3 / Fib 0.618): A deeper retracement zone where buyers may step in.
228.72 - 225.12 USDT: A strong support area for a potential major rebound.
4. Risks & Concerns
⚠️ Potential Risks to Monitor:
If price breaks below 236.28 USDT, further downside is likely.
EMA 20 is acting as resistance, which could lead to more selling pressure.
Volume is still weak → If no strong buying volume appears, the price could continue to fall.
5. Trading Strategy
✅ Long Scenario (Buy Entry):
Entry: Wait for a bounce from 236.28 - 233.67 USDT support zone.
Target 1: 241.77 USDT (EMA 20 Resistance)
Target 2: 244.75 USDT (Supply Zone Retest)
Stop-Loss: Below 233.00 USDT
✅ Short Scenario (Sell Entry):
Entry: If price rebounds but fails to break 241.77 - 244.75 USDT.
Target 1: 236.28 USDT
Target 2: 231.06 USDT (Fib 0.618 Zone)
Stop-Loss: Above 245.00 USDT
6. Summary
📌 SOLUSDT is still in an uptrend but facing increasing selling pressure.
📌 Key support is at 236.28 - 233.67 USDT. A break below could lead to 231.06 - 228.72 USDT.
📌 Major resistance is at 241.77 - 244.75 USDT. A breakout above could signal further gains.
📌 Trading Strategy: Wait for a bounce at support or short if price gets rejected at resistance.
🔎 Recommendation:
Confirm price action before entering trades.
If volume remains weak, further consolidation or correction is likely.
💬 Would you like a deeper analysis on any specific aspect? 🚀📊
SOL/USDT 1H: Bulls vs Bears - Waiting for the Breakout Battle! SOL/USDT 1H Chart Analysis
🚀 Follow me on TradingView if you respect our charts 📈
Current Market Structure:
Price: $239.99, showing rejection at premium zone ($245).
Trend: Bearish after breaking previous swing low.
RSI: Hidden Bearish Divergence forming between price highs and RSI.
Smart Money Activity:
Accumulation: Likely happening at discount zone ($222-225).
Market Makers Intent: Distribution visible, suggesting potential downside to retest support.
Risk Assessment:
6/10: Mixed signals from current range.
Concerns:
RSI leaning bearish.
Price trapped between Fair Value Gap (FVG) zones.
Key Levels:
Resistance: $245 (premium zone).
Support: $222-225 (discount zone), critical level at $232.
Recommendation:
Wait for confirmation:
Break above $245 for long entries.
Break below $232 for short setups.
Avoid entering while price remains range-bound.
Market Maker Intent:
Distribution: Ongoing at current levels.
A move down to retest support is likely unless the range is decisively broken.
Patience is key here Wait for a clear breakout or breakdown to confirm the next move. 🚨
🚀 Follow me on TradingView if you respect our charts 📈Daily charts!
SOL- Short trade 📊 SOL/USDT Educational Trade Setup
HIGH RISK TRADE
I’ve just entered this short trade for SOL/USDT based on the following setup:
Entry Point: $241.50
Stop Loss: Above $246
Target (TP1): $220
Why I Took This Trade
✅ Strong Supply Zone (Bearish OB):
The $245.00-$246.00 zone is a bearish order block where sellers have previously stepped in, rejecting further price advances. This provides a high-probability short opportunity.
✅ Bearish Momentum Indicators:
• EMA Rejection: The price has started to consolidate near resistance, with signs of potential rejection from this level.
• Ultimate RSI MTF Indicator: The RSI shows signs of bearish divergence, suggesting a possible reversal.
✅ Risk-to-Reward Opportunity:
The trade offers a favorable risk-to-reward ratio, targeting the lower bullish OB near $223.45 while keeping the stop-loss tight above $245.85.
Catalyst
• Sellers are likely to defend the bearish OB at $245.00-$246.00, resulting in a rejection and a move back toward the $223.45 bullish OB support.
• Current price action indicates waning bullish momentum, providing an ideal entry point for a short position.
📢 Disclaimer: This is not financial advice. Always do your own research before trading. Markets can be volatile, so only risk what you can afford to lose!
SOL - 4H Elliott Wave AnalysisGreetings, this is our update for the 4H Elliott Wave Count of Solana.
We dipped into our white Wave 2 support area as expected in our last Analysis.
We are looking for an impulsive bounce soon.
The white Wave 2 support area sits between the 0.5 FIB at 232.35 USD and the 0.886 FIB at 183.35 USD.
It is unclear if the correction is over yet as we can only count 3 waves down displayed in green.
We assume we are currently working on the 5th green Wave down which would finish the correction in pink Wave C.
We added some targets for the green Wave 5.
These targets sit at the 1 to 1 FIB at 220.15 USD, the 1.618 FIB at 205.41 USD, the 0.618 FIB at 213.54 USD and the 0.786 FIB at 205.26 USD.
After this correction finishes in either white Wave 2 or red Wave B we expect and impulsive move to the upside in either white Wave 3 or red Wave C.
Noteworthy is that the optimal target for pink Wave C sits at the 1 to 1 FIB at 203.79 USD which is in confluence with the the 1.618 FIB at 205.41 USD and the 0.786 FIB at 205.26 USD of the green Wave 5 that we expect.
Be aware that we have high impact news later today.
Federal Funds Rate followed by the FOMC statement which can lead to volatility.
Thanks for reading.
NO FINANCIAL ADVICE.
#SOL/USDT Breakout Alert #SOL/USDT Breakout Alert 🚀
CRYPTOCAP:SOL just broke the 2H Diagonal Trendline! Now watching for a retest to long. 🎯
🔹 **Resistance:** PWH $273 🚧
🔹 **Support:** PWL $229.39 🛡️
Are you riding this move? 👀👇
SOL - Struggling against BTCSol has showed some relative weakness against BTC. Most charts look the same and BTC has cleared the upper trendlines as new support while SOL has not.
These two orange trendlines I have drawn for SOL are very important for the mid term. (I have put white circles around the touchpoints of these trendlines).
Right now SOL is respecting its resistance trendline and still selling off. If we are to see a breakout above this trendline, we are likely to see a push to our upper trendline around $270. We should expect for the trendline to act as old support flipped into new resistance (at least for the short term) and will update this prediction as the market develops.
SOL- ScalpHey,
I’ve entered a short position on $SOL.
Stop loss is set above the order block and trendline at $237.
I’ll be watching the $225 support level for a reaction—if there’s none, I’ll look towards $220 and $210.
Good luck if you're in!
SOL again bullish CRYPTOCAP:SOL Daily time frame bullish reclaimed.
(Running Daily candle didn't close yet, if it closes above 232 then SOL is ready for you 🚀.)
Daily FVG filled and previous resistance turned into support, which has been perfectly retested…
SOLANA's JacuzziSo you know whats Jacuzzi? and after booze what happens? thats what is going to happen here
Sol for your soul update Hi
So far things have been on spot while rother failed to live up ro the expectation, however with president Trump sitting at the helm we expect volatility so. Good luck we try to capitalize as much as we can
Skyrexio | Solana SOL Started CorrectionHello, Skyrexians!
Recently we told about the potential pump for BINANCE:SOLUSDT to $300 where price was $170. The main reason was the bullish reversal bar at the bottom of the wave 4. After that price reached almost $300 agains the entire crypto market. Will Solana continue pumping or it's over.
Looking at the time frame we can see that wave 5 has been potentially over. This fact is confirmed by the red dot on the Bullish/Bearish Reversal Bar Indicator . This is very strong bearish signal which tells us that Elliott waves cycle has been finished and asset is entering into correction phase. The first target for correction is $160 at 0.61 Fibonacci zone. There we will look at the price action again and make a decision if price will continue to go down or not.
Best regards,
Skyrexio Team
___________________________________________________________
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Time to buy SOLUSD lets gooo
Good morning!
Hello traders!
Wednesday, January 29, 2025
Bullish Falling Wedge Pattern Identified!
A Falling Wedge pattern is currently forming on the 4h chart, indicating a potential reversal.
Impulse Elliott wave completed successfully - we are looking for a breakout!
Maybe the recent pullback was a bear trap, and the price will rise soon!
You can buy at $226 for a short-term trade.
Stop Loss: $218
Take Profit: $260
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below
please like if you find this idea useful!
please comment below with your thoughts!
Trade safe!
Best Wishes,
Tom 😎
SOLBTCSOL BTC performance across the last year has been flat showing just how hard it has been to beat BTC returns
SOL / USDT: Approaching Trendline resistance - Breakout ahead ?SOL/USDT: Approaching Trendline Resistance – A Breakout on the Horizon?
SOL/USDT is gaining momentum 📈 as it approaches a critical trendline resistance level 📊. The price action suggests growing bullish pressure, setting the stage for a potential breakout 💥. If SOL manages to break above this key resistance, we could see a strong rally unfold 🚀. Stay alert and wait for confirmation before taking action.
Key Insights:
1️⃣ Trendline Resistance: SOL/USDT is nearing a significant trendline that has historically acted as a barrier. A breakout above this level could trigger a strong bullish continuation.
2️⃣ Volume Surge: A notable increase in trading volume during the breakout would confirm strong buyer interest 🔥.
3️⃣ Bullish Signals: Momentum indicators like RSI and MACD are showing strength ⚡, increasing the probability of an upward move.
How to Confirm the Breakout:
✔ Look for a 4H or daily candle close above the trendline to confirm the breakout 📍.
✔ A spike in volume at the breakout level would indicate strong buying momentum 📊.
✔ A successful retest of the broken resistance as support adds further credibility ✅.
✔ Be cautious of fake breakouts that may include wicks or sharp reversals ⚠️.
Risk Management Strategies:
🔒 Set stop-loss orders to protect against unexpected reversals.
🎯 Adjust position sizing based on your overall trading plan.
This analysis is for educational purposes only and not financial advice. Always DYOR 🔍 before making investment decisions. Stay prepared for the next big move in SOL!
Next motive wave on SolanaHi fellow traders, SOLUSDT is getting ready to make a move higher after it completes the correction. Target the 313.6902 level. Good luck and trade safe!
Solana Nears $250 Resistance – Is $300 Within Reach?Solana (SOL) has surged 7% in the past 24 hours with a trading volume of $8.497 billion, adding to its impressive 23.16% gain over the last 30 days. With a YTD return of +24.16%, bullish sentiment around Solana continues to grow.
The long-term outlook for SOL remains optimistic as adoption and the launch of strong projects within the Solana ecosystem drive demand. Additionally, upgrades aimed at improving network congestion could further fuel its price surge.
However, the technicals present a mixed picture. On the daily timeframe, the Simple Moving Average (SMA) indicates bearish convergence, signaling increased selling pressure. At the same time, the RSI remains above the neutral point, hinting at resilience despite a recent negative crossover on the trendline.
Currently, SOL’s price is approaching a critical resistance level of $250. If it maintains support above $237.50, it could retest this resistance and aim for the next target at $270. Sustained bullish momentum could even push SOL toward the $300 mark.
On the flip side, failure to hold the $237.50 support level could see SOL dropping to $210, where the next significant support lies. For now, all eyes are on Solana as it approaches a pivotal moment in its price action.
