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Solana

Testing the Hypothesis Again: High Risk, High Stakes SOLUSDCPrevious Trade Reflection The previous trade didn’t go as planned, and the loss serves as a reminder of the heavy impact fundamentals can have on the market. Short positions, in particular, carry significant risks, and this was no exception. Failure is always a possibility, and that’s part of the trading journey. Trump’s Memecoin Hype Donald Trump recently launched his own memecoin, and the hype surrounding it boosted Solana’s ecosystem significantly, as the memecoin operates on Solana. While this is great news for the ecosystem and technology, it unfortunately didn’t align well with my particular trading setup. Testing the Hypothesis Again Despite the challenges, I’m revisiting this trade with caution. The price has spiked significantly, which makes it highly risky, but I currently have no other trade setups on my radar. This is a test of conviction and adaptability, and while the risk is sky-high, the potential for learning—and possibly profit—makes it worth the effort. As always, proper risk management will be key here. Let’s see how this unfolds. Risk Warning: This trade is extremely high-risk. Please approach with caution and always consider your risk tolerance before entering similar setups.
BINANCE:SOLUSDShort
by themr-im
SOLUSDT Breaking Barriers on the Path to NEW ALL TIME HIGH!!TRADENATION:SOLANA ( BINANCE:SOLUSDT ) is making waves in the crypto market, breaking past all key resistance levels with strong volumes, signaling a potential long-term bullish trend. The recent price action suggests growing confidence among traders and investors, fueled by Solana’s ecosystem developments and rising adoption. This breakout is catching the attention of the market as it mirrors similar patterns seen in XRP, which recently reached a new all-time high. With the current momentum, CRYPTOCAP:SOL has the potential to chart new heights, and the hype surrounding it could push the price towards $600 in the long term. Key short-term resistance levels have already been tested, and the continued surge in volume could pave the way for a sustained rally. This could be the perfect opportunity for traders and investors looking to capitalize on Solana’s upward trajectory. Is this the beginning of SOL’s journey to new all-time highs? Stay tuned as the market unfolds. BINANCE:SOLUSDT Currently trading at $220

Buy level: Above $210 Stop loss: Below $154 Target : $600 Max Leverage 3x Always keep Stop loss

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Long
by GreenCryptoTrades
The Case for Shorting SOLUSDT: Key ObservationsRecently, SOLUSDT has shown an impressive 28% recovery within just five days, but this level of volatility might signal a perfect setup for a short position. After analyzing the current conditions, here’s why I believe it’s time to consider shorting SOL: 1. High Volatility Signals Instability While a 28% recovery in just five days may seem like a bullish sign, such rapid movements often indicate market instability rather than sustainable growth. Volatility on this scale can quickly lead to corrections, as prices struggle to find support at higher levels. 2. Weak Trading Volumes Despite the sharp recovery, trading volumes remain weak. This suggests that the rally is not backed by strong buying momentum, which is critical for sustaining upward trends. Without sufficient volume, the market may struggle to push through key resistance levels. 3. Moving Averages (MA) Passed All key moving averages (MAs) have been surpassed during this recovery, but this doesn’t necessarily indicate strength. In many cases, sharp upward movements beyond MAs can lead to overextension, creating a natural pullback as traders take profits. 4. Upper Bollinger Band Breach The price has reached the upper Bollinger Band, a common indicator of overbought conditions. This typically signals limited upside potential and increases the likelihood of a pullback or correction. 5. Previous High Acting as Resistance The current price is testing a significant resistance level—the previous high. Historically, such levels act as strong barriers, especially in the absence of sufficient volume or momentum to break through. This resistance further strengthens the case for a potential reversal. Duration: This is a short-term trade. Shorting crypto is inherently risky, especially with a fundamentally strong asset like this. Target: The goal is to achieve 100% profit. The entry is made on Binance with 25x leverage, using a $43.35 margin, resulting in a total position size of $1,083. Risk: This trade is classified as high risk, as shorting is always more dangerous than taking long positions. Proper risk management is essential.
BINANCE:SOLUSDShort
by themr-im
2
SOL on the edge ETF Decision & Strategic Reserve News to TriggerTechnical Analysis 1. Descending Channel The price has been consolidating within the descending channel since November, consistently bouncing off the upper and lower boundaries. A breakout above the channel would signify a bullish reversal and a possible surge toward higher resistance levels, such as $220 and $240. 2. Current Momentum The price is near the upper boundary of the channel at $204. A successful breakout accompanied by strong volume would confirm a bullish move. 3. Targets After Breakout Immediate target $220 (previous support turned resistance). Extended target $240-$280, depending on momentum and news impact. News/Event Driven Catalysts: 1. Solana ETF Decision The U.S. SEC decision on a Solana ETF within the next 8 days is a crucial factor. If approved, this would open the doors for institutional investment in Solana, significantly increasing demand and price. Historically, ETF approvals for assets have led to sharp price rallies, often breaking technical resistances. 2. Trump’s Strategic Reserve Plans The announcement that the U.S. President-elect is considering cryptocurrencies like Solana for a national reserve creates a bullish sentiment. If implemented, this could position Solana as a strategic asset in the crypto space, attracting major investors and long-term holders. 3. Market Sentiment: Positive news about an altcoin reserve and Solana’s inclusion could further amplify its status as a leading blockchain in the market, pushing prices higher. Potential Scenarios 1. Bullish Scenario (Breakout) If the SEC approves the Solana ETF and positive sentiment continues, the price is likely to break above the channel. Key levels to watch post-breakout: $220 (immediate resistance), $240, and $280. 2. Bearish Scenario (Rejection) If the ETF is rejected or market sentiment turns negative, the price might face rejection at the upper boundary of the channel. Downside levels to watch: $180 (support within the channel) and $165 (channel bottom). This chart and the accompanying news strongly indicate that Solana is at a pivotal moment. Traders should monitor the channel breakout closely and pay attention to ETF-related news and market reactions. With the potential approval of the ETF and increasing institutional interest, Solana could experience a significant rally, making it a key asset to watch in the short term.
Long
by wolfchemist
Solana Box Part III: The Demand for the RetestThis is Part III of the Solana BOX trade (check previously posted 2 parts about the solana box, both of which reached the targets successfully). Unlike many other coins (ETH) we are short on, SOL has shown solid strength (quick recovery during dumps) and thus we believe it is on a more negative path here. However The Box requires a retest (after all SOL did wick out of it) We show two scenarios for a potential retest, believing the orange one is more likely: i.e. a 189-190 dollar target and then head upwards from there, leaving the box forever. Let's see.
COINBASE:SOLUSDLong
by Goldsworth
Breaking: $MAX Set to Surge 150% Amidst Symmetrical Triangle MAX Set to Surge 150% Amidst Symmetrical Triangle Pattern and Thriving AI Meta The cryptocurrency market is abuzz with anticipation as NYSE:MAX , a Solana-based AI-driven coin, positions itself for a potential bullish breakout. This development comes amidst the formation of a symmetrical triangle pattern on the charts, a classic technical indicator of imminent volatility. With its unique AI narrative and promising fundamentals, NYSE:MAX could soon deliver significant returns for investors. Technical Outlook As of now, NYSE:MAX is trading at a modest gain of 1.9%, with its Relative Strength Index (RSI) at 44, indicating a neutral zone but with potential upward momentum. The symmetrical triangle pattern on the chart signals a critical phase for $MAX. A breakout above the upper trendline of the triangle could unleash a bullish surge, potentially driving gains up to 150%. However, the risk of a bearish scenario looms if NYSE:MAX fails to hold its current levels. A dip below the triangle could invalidate the bullish setup, leading to a bearish continuation pattern. Additionally, the recent decline in trading volume suggests a period of consolidation, often a precursor to a trend reversal. Traders should keep an eye on the volume spike that typically accompanies a breakout to confirm the direction of the next move. Meet Max, the AI Agent for Financial Revolution NYSE:MAX is more than just another cryptocurrency; it represents a vision for the future of decentralized finance (DeFi). Built on the cutting-edge @distilled_ai platform, Max, the AI agent, is a staunch Bitcoin maximalist with a mission to revolutionize the financial world. With a deep understanding of blockchain technology, Max advocates for financial freedom and empowers users to navigate the complex world of cryptocurrencies. Max’s capabilities extend beyond Bitcoin. As an expert in the broader Web3 ecosystem, Max provides insights on decentralized applications (dApps), smart contracts, and the rapidly evolving AI landscape. In a market increasingly influenced by AI-driven trends, NYSE:MAX ’s positioning as a pioneer in this niche makes it a standout. Market Sentiment and Growth Potential The current crypto landscape is dominated by AI and AI agent trends, and NYSE:MAX is at the forefront of this movement. Despite the absence of centralized exchange (CEX) listings, every dip in NYSE:MAX ’s price presents a compelling buying opportunity. The coin’s innovative narrative and growing community support underscore its potential for widespread adoption. Follow @maxisbuyin_ on social media to stay updated with the latest trends, news, and insights from the world of cryptocurrency. Max’s mission to promote financial empowerment resonates with both seasoned crypto enthusiasts and newcomers alike. Conclusion NYSE:MAX ’s journey is a testament to the transformative power of AI in the cryptocurrency space. With its technical setup indicating a potential breakout and its fundamentals rooted in innovation, NYSE:MAX is a coin to watch. Investors should remain vigilant, monitoring key levels and market sentiment as NYSE:MAX navigates this pivotal phase. Whether you’re looking for short-term gains or a long-term investment in the future of AI-driven DeFi, NYSE:MAX offers an exciting opportunity. As always, conduct thorough research and stay informed to make the most of this promising asset.
RAYDIUM:MAXSOL_4QGN7A.USDLong
by DEXWireNews
GRIFFAIN - About to take off? GRIFFAIN is an AI agent project on Solana blockchain. The price has been consolidating since 13th Dec and the price has broke above the resistance line at $0.35. The current chart set up in Daily timeframe looks to me exactly the same as that of ai16z on 27th Dec when the price skyrocketed from $0.90 to the current price of $1.72. MACD crossed above 0 level and showed green histogram bar, and RSI and Stochastic both crossed and clearly pointed upwards in the bull territory. That all three momentum indicators show clear bull signal in Daily chart doesn't happen often. I invest in this project and do not intend to do short term trading wit this asset. I think another parabolic leg is coming just like ai16z. I might take small profit if momentum indicators start to show clear negative divergence in 4H or daily chart, but I intend to hold most of my position until it reaches 1 billion Market cap.
by EbonyFalcon
4
Buy for investment, but not buy for tradingMy bias for Solana is extremely bullish and the current price is almost undervalued based on the fundamentals. Therefore, I bought some more Solana yesterday for investment, not trade. If you are interested in investing in Solana for the duration of this Bitcoin cycle, it is a good time to buy Solana.  But if you are interested in leverage trading,  I feel you need to wait a bit longer for the right set up to come up.  The below is my reasoning for not opening a trade: The price reached about $265 in late Nov 2024 and retraced to Fib 0.786 level and bounced up.  However, there was a big sell order sitting above $220 which is Fib 0.382/the previous week high.   I warned in my previous analysis there would be a possibility of another minor correction and that's exactly what happened.   Monday 13th Jan, along with Bitcoin, Solana showed a strong recovery off the descending  former resistance and now support line that had been developing over 10 months.   The price is now above the previous week's low, the previous month low and also above Fib 0.782.   The daily stochastic reached the oversold territory and now is rolling back up.   The 4H MACD is about to enter the bull territory.  There are definitely strong confluences that make me want to open a long position.  However,  there are a few issues that cannot be ignored  for a swing trade set up.   The most important and number one rule for me to open a trade is that MACD for a higher time frame needs to be sitting in the zone of my bias.  In short, if I want to go long in 4H time frame, the daily MACD needs to be in the bull zone (above 0).  Currently MACD is still below 0 and MACD lines are pointing downwards.  Therefore,  the bear is still in control.   I cannot trade,   Another issue is the 4H stochastics has already reached the overbought territory.  That means the bull is working but has also exhausted its strength for now.   I think Solana will start to move up strongly soon, but the price correction since Nov was quite deep.   Therefore, it will take a while for Solana to start a strong rally.  
COINBASE:SOLUSDLong
by EbonyFalcon
3
Solana Pulse: Is the Breakout Just Around the Corner?The Solana Market Stirs: A Turning Point Ahead? The Solana (SOL) market, trading at $186.41, is teetering at a critical juncture. Despite standing 29.6% below its all-time high of $264.88 reached in November 2024, recent patterns indicate brewing momentum. The 50-day Moving Average (MA50) now sits below the 200-day Moving Average (MA200), signaling cautious sentiment, yet its proximity hints at a potential reversal. Simultaneously, the RSI at 46.38 suggests a market leaning toward oversold conditions, adding fuel to speculative buy signals. Yesterday’s candlestick unveiled a notable VSA Buy Pattern—an archetypal signal for an upward move after price manipulation. Will the market surge past resistance levels at $192.57 and beyond? Or does this rally face exhaustion against bearish currents? The next move might determine the trajectory for weeks to come. Are traders ready to seize this opportunity, or will hesitation cost them the climb? The market waits for no one—today could be the moment to act. Historical Roadmap of Solana Market: Pattern Analysis That Worked January 13th, 2025, 15:00 UTC – The Surge: VSA Buy Pattern Meets Momentum A classic VSA Buy Pattern 3 emerged, forecasting a bullish breakout. The trigger point at $185.53 was perfectly tested as the price soared, closing higher at $186.58 in the following session. This pattern held its ground, with the market respecting the bullish direction and moving upwards, confirming the anticipated trajectory. Investors caught in the buy zone saw a 4.52% movement unfold, reinforcing this as a textbook upward setup. January 14th, 2025, 07:00 UTC – Market Turns: Sell Volume Dominance In contrast, the VSA Sell Pattern 2 hinted at a downward move with its main direction pointing south. The price began its decline from an open of $186.24, confirming the sell-off by closing at $185.51. This bearish sentiment played out accurately as subsequent prices respected the lower lows. Smart money taking shorts at this level maximized gains on this predictable pivot. January 14th, 2025, 17:00 UTC – Reversal Play: Bulls Take Charge Again The VSA Buy Pattern 3rd reappeared with bullish energy. Starting from $186.42, the market crept up to $186.58. This movement, though smaller in scale, validated the pattern’s bullish main direction. Buyers holding positions here witnessed steady upward momentum, setting the stage for further resistance tests. Connecting the Dots: Patterns That Shaped the Chart Directional Accuracy: Each confirmed pattern respected its forecasted direction, with subsequent candlesticks affirming the anticipated moves. Momentum Drivers: Bullish setups like the VSA Buy Pattern thrived, especially when trigger points aligned with market sentiment. Misses to Note: Any unconfirmed patterns have been excluded, ensuring focus remains on actionable insights. Key Takeaway: Both traders and investors gained confidence as historical patterns not only worked but provided strategic entry and exit opportunities. What’s Next for Solana? The roadmap shows a pattern of precise movements, confirming the strength of technical setups. With resistance at $192.57 just ahead, will the bulls manage to keep their momentum alive, or is the next turn a bearish storm waiting to brew? Stay tuned as these patterns continue to shape the market’s destiny. Technical & Price Action Analysis: Key Levels to Watch Here’s a rundown of the most critical support and resistance levels in play for Solana. These levels are magnets for price action, and if they fail to hold, expect a swift role reversal, with former support becoming resistance and vice versa. Support Levels $223.20 – A powerful support zone. If bulls lose their grip here, this level could quickly flip to resistance, capping future rallies. $192.57 – The immediate line in the sand for the bulls. Failure to defend this level may invite aggressive selling pressure. $185.68 (MA100) – A dynamic support area aligning with moving averages. Watch for bounces or breakdowns around this point. $184.48 (MA50) – The frontline for near-term support. A break here could spell trouble for bullish momentum. Resistance Levels $192.57 – The first major barrier for bulls to conquer. This double-duty level is both a resistance and potential support pivot. $201.17 – A key psychological and technical zone. Watch for volume surges to confirm a breakout. $203.61 – A higher target within range. Failure here could indicate exhaustion. $214.76 – A line of strong resistance. Bulls need conviction to claim this territory. $224.20 – Top-tier resistance aligned with the powerful support zone at $223.20. If bulls reclaim this, it’s game on. Powerful Resistance Levels $157.83 – Previously a stronghold, now a ceiling. This level must be broken for a sustainable recovery. $99.98 – A key historical pivot. Any moves here signal high stakes. $73.07 – A distant checkpoint, currently irrelevant but critical in extended downtrends. The Golden Rule If these levels don’t hold their ground, their status flips, and they’ll act as tough hurdles for any future price moves. In this market, every level tells a story—watch for the clues! Trading Strategies Using Rays: A Dynamic Approach Concept of Rays: The Art of Dynamic Price Prediction Rays, based on Fibonacci principles and geometric alignments, offer a predictive framework for price interaction zones. Unlike classical methods focusing on static highs and lows, rays begin from the start of a movement, adapting dynamically to new patterns. They are designed to define the movement’s boundaries and allow traders to identify optimal entry points post-interaction. When price touches a ray, it often signals either a reversal or a continuation, with dynamic factors—like moving averages—playing a decisive role. Each movement is likely to progress from one ray to the next, offering clear targets for your trades. Two Scenarios for Trading Rays Optimistic Scenario Price interacts positively with a key ray and finds support at MA50 ($184.48) or MA100 ($185.68), confirming a bullish continuation. The first target becomes $192.57, aligning with a critical resistance zone. Subsequent movements aim for $201.17 and $203.61, following a breakout above resistance. Pessimistic Scenario Price fails to hold above MA50 ($184.48) and tests lower dynamic supports near $157.83, a powerful resistance turned support. If bearish momentum intensifies, the price targets $99.98 for the next support interaction. Lower ray interactions at $73.07 may attract opportunistic buyers seeking a long-term reversal. Potential Trades Based on Dynamic Levels Trade 1: Long at $184.48 (MA50) Price interaction with the ray and MA50 confirms support. Enter long, targeting $192.57 as the first goal. Breakout leads to $201.17 and potentially $203.61. Trade 2: Short at $192.57 (First Resistance) After a failed breakout attempt, initiate a short position targeting $185.68 (MA100). Monitor for support recovery or continuation lower. Trade 3: Long at $157.83 (Powerful Support) If price dips to $157.83, strong buying momentum is likely. Enter long, aiming for $184.48, and watch for further upside toward $192.57. Trade 4: Short at $99.98 Breaking below $157.83 shifts sentiment bearish. Enter short as the price approaches $99.98, with $73.07 as a secondary target. Key Notes for Execution Always wait for confirmation at a ray level and ensure price respects the ray before entering a position. Dynamic interactions with moving averages (MA50, MA100) strengthen trade setups. Price tends to move from one ray to the next, offering clear staging points for partial profit-taking or re-evaluation. Traders utilizing this structured approach can achieve clarity, discipline, and an edge by integrating ray dynamics with technical insights. Stay patient, and let the market confirm your strategy before diving in! What’s Your Next Move? Let’s Talk! Got questions? Drop them in the comments below! I’d love to hear your thoughts, ideas, or even challenges you're facing with your favorite assets. Don’t forget to hit Boost if you found this post insightful—save it to revisit later and see how the price action unfolds according to my analysis. After all, understanding those key levels is the secret sauce to successful trades! The rays and levels you see here are mapped automatically using my private indicator-strategy, tailored to predict price movement with precision. Interested in accessing it? Shoot me a private message—I’ll walk you through the process. It’s available exclusively, and trust me, it takes the guesswork out of trading. Need analysis for a specific asset? Let me know in the comments or DM me. I’m happy to create detailed setups—some I’ll share for free with the community, and others can be customized just for you if privacy is what you prefer. Whether it’s crypto, stocks, or forex, the rays work on every market, capturing the true flow of price action. Make sure to follow me here on TradingView! That’s where I’ll be sharing more of these insights and strategies. Let’s build a smarter, more profitable trading journey together. 🚀
by brandlabelden
ETF500 Coin Set for a 250% Surge Amidst Neck & Shoulder PatternThe Elon Trump Fart (ETF500) token has been making waves in the meme coin market, driven by its unique blend of political satire and community-driven momentum. This token, inspired by the Fartcoin deployer narrative, has been through significant market fluctuations but is now showing signs of a potential bullish reversal. Meme Coin Narrative: ETF500 stands out by merging two influential figures, Elon Musk and Donald Trump, into a politically charged meme token. This strategy taps into a broad audience that finds humor and engagement in the politifi narrative. From its inception, ETF500 has been a community-driven project. The CTO has been pivotal in shaping the token’s direction, fostering transparency and inclusivity. Market Metrics - Current Price: 61.09% below its all-time high of $0.01462 (recorded on January 10, 2025). - All-Time Low: $0.002335 (recorded on January 8, 2025), with the current price up by 143.57%. - Market Cap: $5,684,503, ranking #2246 on CoinGecko. Where to Buy ETF500 ETF500 tokens can be traded on decentralized exchanges like MEXC, Raydium and Meteora. The most active trading pair, ETF500/SOL, indicates strong liquidity and accessibility for traders. Technical Analysis As of this writing, ETF500USDT is down 19%, trading within a falling wedge pattern. This bearish setup often precedes a bullish breakout, signaling potential opportunities for traders. Neck and Shoulder Pattern: A developing neck and shoulder pattern hints at a bullish reversal. However, the preceding shoulder formation is incomplete, placing ETF500 in a strategic buy zone for early investors. Similarly, the Relative Strength Index (RSI) indicates oversold conditions, suggesting that ETF500 has the potential to break new highs as buying momentum builds. - Key Levels: Resistance: The token faces resistance near the $0.0095 level, which aligns with the neckline of the pattern. Support: Strong support is observed at $0.0052, providing a safety net for traders. Potential for Growth The combination of community engagement, unique narrative appeal, and favorable technical patterns positions ETF500 for significant growth. If the bullish reversal materializes, the token could see a surge of up to 250%, capturing the attention of meme coin enthusiasts and seasoned traders alike. Conclusion Elon Trump Fart (ETF500) represents the fusion of humor, community, and market strategy in the crypto space. While its price trajectory has been volatile, the current technical and fundamental indicators point to a promising future. As always, investors should conduct their own research and consider the inherent risks before diving in.
Long
by DEXWireNews
$ZACK: Poised for a 500% Price Surge Amidst Market VolatilityZack Morris, a name that resonates with Wall Street’s meme culture, has taken the leap into the blockchain world with $ZACK, a cryptocurrency that combines humor, financial strategy, and technological innovation. Known for squeezing shorts and making millions through meme trading, Zack Morris has brought his charisma and expertise to the crypto realm. Now, $ZACK is gaining momentum with technical and fundamental indicators signaling a bullish reversal, making it a token to watch closely. About Zack Morris and $ZACK Zack Morris is an iconic figure in meme trading, renowned for his ability to navigate market volatility and capitalize on opportunities. $ZACK, his namesake cryptocurrency, aims to blend the allure of meme culture with solid financial strategies. Built on the Solana blockchain, $ZACK seeks to revolutionize the meme coin landscape by leveraging Solana’s speed, scalability, and low transaction costs. This unique combination positions $ZACK as more than just a meme coin; it is a potential game-changer in the crypto space. Technological Backbone of $ZACK $ZACK’s foundation on the Solana blockchain ensures high performance and security. Solana’s Proof of History (PoH) mechanism timestamps transactions for efficient processing, while its Proof of Stake (PoS) system secures the network. These features enable $ZACK to handle thousands of transactions per second, making it an ideal platform for scaling and adoption. Additionally, Solana’s decentralized architecture and cryptographic security enhance the token’s reliability and resistance to malicious attacks. Real-World Applications and Market Impact While $ZACK’s primary appeal lies in its meme-driven narrative, its integration with Solana provides the potential for real-world utility. The coin’s humor and cultural significance attract a diverse community, from traders to meme enthusiasts. This dual appeal fosters engagement and liquidity, creating a robust ecosystem around $ZACK. Furthermore, the involvement of Zack Morris as a prominent influencer amplifies the token’s visibility and market presence, making it a focal point in the cryptocurrency community. Technical Analysis $ZACK’s chart reveals a steep falling wedge pattern, which has persisted from June 2024 through January 2025. This pattern, coupled with an RSI of 37, suggests that $ZACK is oversold and primed for a significant breakout. Falling wedge patterns are typically bullish reversal indicators, and $ZACK’s prolonged consolidation within this pattern strengthens the case for a potential 500% price surge. Adding to the bullish sentiment are recent CEX listings, including Poloniex, which enhance $ZACK’s accessibility and trading volume. The token’s 24-hour trading volume of $75,648.93 represents a 53.90% increase, signaling growing market interest. Fundamental Catalysts The inauguration of pro-crypto U.S. President Donald Trump has created a favorable environment for the cryptocurrency market. This political shift, combined with $ZACK’s meme appeal and strong technological foundation, positions the token for substantial growth. The broader crypto industry’s anticipation of value investing in promising assets further reinforces $ZACK’s potential. Conclusion $ZACK is not just a token; it is a movement that merges meme culture with blockchain innovation. With its strong technological base on Solana, growing market interest, and bullish technical indicators, $ZACK is poised for a significant price surge. As market volatility creates opportunities, $ZACK stands out as a compelling investment for traders and enthusiasts alike. The combination of humor, strategy, and innovation makes $ZACK a token worth watching in the evolving crypto landscape.
RAYDIUM:ZACKSOL_7896DC.USDLong
by DEXWireNews
Solana Double Bottom: Looking For A Break Of The Range High!Solana has formed a double bottom with a dip below, suggesting a potential bullish move could be on the horizon. This pattern indicates a possible trend reversal. I'm watching for a break above the range high, followed by a retrace to retest the range high on the lower timeframe, with a potential continuation to the upside. Monitor the Fibonacci pullback to the 50-61.8% level on the previous four-hour swing for a possible bullish entry. This is not financial advice.
Long
by fxtraderanthony
1
Solana (SOL) Analysis: Fundamental and Technical Breakdown📊 Solana reached its all-time high (ATH) of $264 on November 22, but has since entered a corrective phase, experiencing price volatility in recent weeks. In this analysis, we will explore both the fundamental and technical aspects of this popular cryptocurrency to uncover potential trading opportunities. Fundamental Analysis 🔄 1. Anticipation of a Solana ETF: Major financial institutions like VanEck and Grayscale are competing to launch a Solana ETF. The U.S. Securities and Exchange Commission (SEC) is expected to announce its decision by January 2025. With a 77% estimated chance of approval, this could positively impact SOL’s price. 2. Total Value Locked (TVL) :Solana's ecosystem has seen a consistent rise in its TVL throughout 2024, driven by ecosystem expansion and the launch of meme coins on its blockchain. 3. Market Sentiment and Volatility: Investor sentiment towards Solana remains mixed. The Net Unrealized Profit/Loss (NUPL) indicator suggests holders are cautious. Entering the fear zone may create buying pressure opportunities. Overall, Solana’s fundamentals indicate significant growth potential, but traders should also be mindful of existing challenges. Technical Analysis 🔢 Weekly Timeframe: Solana is trending within an ascending channel, showing strong momentum and volume. After correcting from its ATH of $265, SOL has reached the channel’s midline. As long as SOL remains above the key support zone of $150-$165 , traders can seek long opportunities for both futures and spot holdings. Daily Timeframe: A breakout above the $245 resistance could signal a strong buying opportunity for holding positions. If a deeper correction occurs, this level might adjust, and updates will follow. 4-Hour Timeframe: Recent price fluctuations stem from U.S. job market news, strengthening of the DXY, Bitcoin’s decline, and rising BTC dominance. A breakout above $202 could trigger a long position, contingent on traders confirming their setups. Trigger Confirmation Tips: Method 1: Watch for a rejection at resistance, and enter on the next breakout. Method 2: Enter on a successful retest (pullback) post-breakout. For short positions, watch for a breakdown below the $160 support zone. 🚀 Solana presents promising opportunities backed by solid fundamentals and technical setups. However, managing risk and waiting for proper confirmations remain crucial. Are you ready to capitalize on Solana’s next move? Share your thoughts in the comments! I’m Skeptic , here to simplify trading and help you achieve mastery step by step. Let’s keep growing together!
Long
by SkepticWise
1
SOLUSD overview and market outlook expecting BOUNCE🔸Hello traders, today let's review 12hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, however expecting a bounce next week. 🔸Trading right now at 185 usd, strong bullish liquidity located near OBs 150/155 usd. bulls will likely take over once we trigged the liquidity order blocks below market. 🔸Recommended strategy: BUY LOW near liquidity OBs 150/155 usd, TP bulls is fresh overhead liquidity at 200/210 USD. expecting decent bounce in this market. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTO:SOLUSDLong
by ProjectSyndicate
28
SOL waiting for 180,1$I closed my TON position with a +22.5% profit a nd SOL with +39.55% profit , all within one day. This was during an extremely volatile period, making it one of the most challenging trades, as both the stock and crypto markets faced significant pushback yesterday. At one point, I saw a -100% unrealized loss, but the order setup allowed me to recover and secure profits. Currently, the market appears to be leaning downward, with bulls trying to defend key levels: BTC at $90k-$93k, SOL at $180, and TON at $5-$5.2. These levels have been tested multiple times, but liquidity ultimately dictates the game. For now, I’m staying cautious and I do not enter into a deal. However, I’m setting an order for Solana at $180 with 25x leverage and a $30 margin, assuming SOL might dip again and recover quickly.
BINANCE:SOLUSDLong
by themr-im
Fart is starting to pop - buy? Fart just formed higher high in the daily chart.  Stochastics (9,3,3) reached the overbought territory and are moving up.  The price also closed and moved above the previous week mid.  The next hurdle for the bull is to move above the the previous higher high which is the previous month high at $1.30 area.    Daily MACD is in the bull zone and daily stochastics are resetting, which signals the upside momentums are building up. The 4H MACD is entering the bullzone, but the only problem is 4H stochastic has already reached overbought territory.   Once the stochastics comes down, resets and starts to move upwards, it might be a good area to open a long.   My general trading rules are below:  I use two time frames - weekly/daily and daily/4h.   1) MACD in the higher timeframe needs to be in the bull territory which is above 0.  The angle of MACD is not important.  It needs to be in the bull zone. 2) Stochastics (9,3,3) in the higher timeframe needs to reset and stochastics needs to cross and starts to move upwards.  It cannot be in the overbought territory.  If these two conditions are met in the higher time frame, I go to the lower time frame to start looking for an exact entry point.     3) MACD lines in the lower timeframe properly cross and enter the bullzone or cross and move upwards above the bull zone.   And ideally the stochastics in the lower time frame hasn't reached the overbought territory.
CRYPTO:FARTCOINUSDLong
by EbonyFalcon