🧭 Summary:
Solana is coiling inside a symmetrical triangle after rejecting from its 2025 high. Price is trapped between $ 141–$ 167 with squeezing volatility, falling volume, and visible double top signs. The setup screams: “get ready for a breakout — or a breakdown.”
🔥 Key Confluences:
Eye-shaped compression pattern on 4H & daily
Support at $ 141 (trendline, demand zone)
Resistance at $1 55–162 (EMA cluster + structure)
Weekly chart still above key Fib (~$ 142), but weakening
📈 Trade Plan:
Bullish Scenario:
Break and close above $162–164 → target $171 then $187+.
Stop: below $ 149
Bearish Scenario:
Lose $141 support → target $120–100 zone.
Stop: above $155
🧠 Context:
Solana network is 🔥 — 1.2K TPS, 25M daily txns, $10B TVL.
Altcoin sentiment improving as BTC dominance dips.
But macro still cautious (Fed pause = volatility trap).
🎯 Final Word:
SOL is winding tighter than ever. A powerful move is coming.
📣 Breakout or breakdown — what’s your call? Drop your analysis below!
Solana is coiling inside a symmetrical triangle after rejecting from its 2025 high. Price is trapped between $ 141–$ 167 with squeezing volatility, falling volume, and visible double top signs. The setup screams: “get ready for a breakout — or a breakdown.”
🔥 Key Confluences:
Eye-shaped compression pattern on 4H & daily
Support at $ 141 (trendline, demand zone)
Resistance at $1 55–162 (EMA cluster + structure)
Weekly chart still above key Fib (~$ 142), but weakening
📈 Trade Plan:
Bullish Scenario:
Break and close above $162–164 → target $171 then $187+.
Stop: below $ 149
Bearish Scenario:
Lose $141 support → target $120–100 zone.
Stop: above $155
🧠 Context:
Solana network is 🔥 — 1.2K TPS, 25M daily txns, $10B TVL.
Altcoin sentiment improving as BTC dominance dips.
But macro still cautious (Fed pause = volatility trap).
🎯 Final Word:
SOL is winding tighter than ever. A powerful move is coming.
📣 Breakout or breakdown — what’s your call? Drop your analysis below!
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.