SOLUSDT | Long Bias | Healthy OI | (May 12, 2025)SOLUSDT | Long Bias | Healthy OI + Spot Demand Rising | (May 12, 2025)
1️⃣ Short Insight Summary:
Solana is showing strength with open interest rising alongside spot price—a sign of real buyer demand, not just leverage-driven moves. The setup leans bullish, and shorting here would be risky.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Around $144
Stop Loss: $116 (wider SL for structure protection—not for scalping)
TP1: $155
TP2: $178
TP3: $207
Final TP: $288
Partial Exits: Strongly recommended at each target to lock in gains and reduce risk
3️⃣ Key Notes:
✅ Open interest and spot price are both increasing—a sign of healthy demand.
✅ This isn't a time to fight the trend. Probability favors longs here.
❌ Shorting would feel like handing free money to the market—smart risk management is key.
✅ We're not looking to overtrade this—treating it like a swing setup with structure-based levels.
✅ Keep an eye on correlated plays—like the equity Hotel, which is to Solana what MicroStrategy is to Bitcoin. If Solana rallies to $500 (which is optimistic, but possible), names like Hotel could benefit heavily.
4️⃣ Optional Follow-up Note:
I’ll be tracking this trade zone closely and will update if anything major changes in price structure or momentum.
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Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
