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Solana

Elliott Wave Analysis – Focus on Wave StructureBINANCE:SOLUSDT The current setup shows a completed green (A) wave, followed by a corrective (B) wave unfolding as an A-B-C structure. Within wave (C) of (B), we can clearly identify a 5-wave impulse: Wave 1 is complete Wave 2 formed as a correction Wave 3 extended strongly Wave 4 is currently developing Wave 5 is expected to complete wave (C) of (B) Once this move finalizes, a larger downward (C) wave is anticipated to complete the overall corrective pattern. This setup remains valid as long as the internal structure respects the rules of Elliott Wave Theory.
by ElliotXSolana
3
Elliott-Wellen Analyse 1-2-3-4-5 incomingBINANCE:SOLUSDT 🧠 Elliott Wave Analysis 🔍 Market Structure & Wave Count: After a strong bearish impulse, the market completed a complex corrective (A)-(B)-(C) structure. The recent move up appears to be wave (2) of a larger downward impulse and seems to have finished. We are currently in the early stages of wave 3 to the downside, aiming for a full 5-wave structure (1-2-3-4-5) within wave (C). The final wave 5 is expected to complete in the demand zone (gray box) around 90–95 USDT. 📉 Short-Term Bearish Target: Target zone for the completion of wave (C)-(B) lies around 97 USDT. 📈 Next Bullish Move (Rebound Target): After completing wave (C), a new upward move in the form of wave (A) is expected. This bullish corrective wave could reach up to 115 USDT, completing a larger A-B-C structure. 📊 Indicators: MACD shows weakening bullish momentum – potential confirmation for wave 3 downside continuation. RSI is near the oversold zone (~27) – supporting the idea of a wave 5 bottom and a bullish reversal afterward. 🧭 Conclusion: ➡️ Focus is on a final move down to complete wave (C) around 90–95 USDT. ➡️ After that, a possible long setup is expected for a corrective rally. ➡️ Great setup for swing or scalp trades using Elliott Waves + demand zone confluence.
Short
by ElliotXSolana
Solana vs. Ethereum: Why Investors Are Turning to Solana in 2025In recent months, a growing shift in sentiment has been observed among crypto investors: many are increasingly eyeing Solana (SOL) as a strong alternative to Ethereum (ETH). The comparison chart above, plotting Solana’s price action alongside Ethereum's, reveals that despite ETH retracing back to October 2023 levels, SOL is still holding higher support zones—a sign of relative strength and growing market confidence. But why exactly is Solana capturing investor attention more than Ethereum in 2025? Let’s dive into the technical, fundamental, and sentiment-driven reasons behind this evolving preference. ___________________ 📊 Technical Outlook: Solana Holding Strong Ethereum (red line) has dropped back to its October 2023 price levels (~$1500), reflecting a broader altcoin weakness. Solana, on the other hand, is still trading above $100, even though the macro market has turned bearish. SOL has tested and respected the long-term ascending trendline that began in early 2023, while holding above a key horizontal support near $68–$82. This divergence in structure suggests stronger buy-side interest and support zones forming on Solana, while Ethereum appears to be losing momentum. ___________________ 🧬 Fundamental Comparison: Solana vs. Ethereum Solana’s technical design gives it a speed and cost edge that appeals to users and developers building consumer-facing applications like NFTs, GameFi, and micro-transactions. Ethereum remains the institutional and DeFi heavyweight, but it’s starting to feel the pressure of competition in usability and scalability. ___________________ 💬 Investor Sentiment: What’s Driving the Shift? User Experience Solana offers near-instant confirmation and negligible fees, making it ideal for gaming, NFTs, and mainstream use cases. Ethereum's scaling solution rollouts are still clunky and fragmented (Layer 2s like Arbitrum, Optimism, etc.), creating friction. Vibrant Ecosystem Growth Solana’s ecosystem is experiencing a boom in dApps, especially with high-profile launches like Jupiter, Marinade, and Phantom wallet integration. The mobile-first approach (Saga phone initiative) and deeper ties with consumer apps are also pushing adoption. Performance During Market Pullbacks As seen in the chart, SOL is showing relative strength during market corrections, indicating long-term accumulation rather than panic selling. Narrative Momentum The "ETH killer" narrative has found new life with Solana's resurgence. While Ethereum focuses on L2 scaling and abstract complexity, Solana is betting on a simpler, high-performance monolithic chain.
by melikatrader94
9
Samoyedcoin: Your Altcoin ChoiceSamoyedcoin (SAMOUSD) is trading within a long-term buy-zone with a long-term higher low. The market bottom was hit in December 2022 and the higher low comes now, March 2025. The long-term buy-zone is marked with a purple box on the chart. This zone launched two bullish jumps. One a short move that was quickly erased, +490% within days, and the second one a bullish cycle with total growth reaching 1,165%. The same level now can lead to an even bigger wave. Can be 2-3 times bigger. I am very optimistic and that is because I've been around Cryptocurrency for long. I know how the market works and I've seen how prices tend to go beyond expectations all the time. Many people are new and have not experienced a bull market and so they have big doubts, this is understandable. They weren't around in 2021 and joined the market only after. Even three years in the market means no bull market experience. A bull market tends to produce new All-Time Highs all across. Not only 2021 but we also have 2017 and 2013 and these were the same. Back in 2013 there weren't that many choices nor many exchanges but still growth was off the chart. In 2017 things were great but many of the coins were new. Still, the growth that happened was always in the same proportions as with every Crypto bull market, simply surprising. This time it won't be different, we are set to experience something great. Even if the bull market is weak, we are going to see 10-30X growth on most pairs. I thought this was a real project but it seems to be a doggy coin. Nothing changes, this pair can still be bought. For a long-term strategy and portfolio, we prefer actual cryptos, actual companies with an actual function and real products, but, if you like you can always buy for profits and to trade. Just know that having a real Altcoin makes for a completely different experience and you support the market along the way. The SAMOUSD chart looks great. Buy-zone, accumulation phase. A great entry price. Can be approached with patience and a simple strategy. Timing is of the essence. If you are reading this now, you are literally looking at bottom prices. It doesn't get any better. After this period, a bottom tend to last between 2-3 months, we will be green and going up. The best Cryptos are ones that are more decentralized and based on proof of work. Bitcoin is a great example. Its price says it all. Namaste.
GEMINI:SAMOUSDLong
by MasterAnanda
6
SOL Trade Plan: Daily Support, Liquidity Grab & Trade Idea.Solana (SOL) is currently navigating a challenging market environment, with broader sell-offs across the crypto space weighing heavily on its price action. On the daily and 4-hour timeframes, SOL has traded into a significant support zone, marked by previous swing lows. This area has historically acted as a magnet for buyers, but the recent dip below these levels suggests a liquidity grab is underway. This move has likely triggered sell stops sitting below the lows, creating the potential for a reversal as smart money steps in. ⚡ Zooming into the 15-minute timeframe, SOL is consolidating within a tight range, reflecting a period of indecision. This range-bound behavior often precedes a breakout, and a bullish break above the range could signal the start of a recovery. A shift in market structure—marked by higher highs and higher lows—would provide further confirmation of bullish intent. Key Insights: Daily Timeframe: SOL has dipped below key support levels, sweeping liquidity. 4-Hour Timeframe: Price is overextended, trading into a critical demand zone. 15-Minute Timeframe: Consolidation within a range, awaiting a breakout for directional clarity. Trading Plan: Patience is Key: Wait for SOL to break out of the 15-minute range to the upside. 🚀 Market Structure Confirmation: Look for a clear shift to bullish market structure (higher highs and higher lows). 📊 Entry Strategy: Enter long positions after confirmation, with a stop-loss placed below the range low. 🛡️ Profit Targets: Focus on resistance levels on the 4-hour and daily timeframes for potential take-profit zones. 🎯 Levels to Watch: Support Zone: Previous daily swing lows, now acting as a liquidity zone. Resistance Zone: The upper boundary of the 15-minute range and key levels on the 4-hour chart. This setup highlights the importance of waiting for confirmation before entering a trade. While the liquidity grab below support is a promising signal, a breakout and bullish structure are essential to avoid false moves. As always, this is not financial advice—traders should conduct their own analysis and manage risk appropriately. ⚠️
by fxtraderanthony
The key is whether it can rise to around 136.74 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (SOLUSDT 1M chart) In terms of Fibonacci ratio, the key is whether it can rise after receiving support near 0.5 (98.71). In order to continue the uptrend, the price must be maintained above the M-Signal indicator on the 1M chart. Accordingly, we need to see whether it can rise above 136.92 and receive support. If not, and it falls, you should go up again and check if it is supported near the Fibonacci ratio 0.5 (98.71) or if the HA-Low indicator on the 1M chart is generated, and then create a trading strategy. - (1D chart) Therefore, if possible, it is more important to check if it is supported near the HA-Low indicator on the 1D chart, that is, near 136.74. - Fibonacci ratio 0.5 (98.71) should be interpreted as having an important meaning because it is in the middle of the overall chart. Fibonacci ratio is a chart tool that helps with chart analysis, but it is not recommended to trade with it. - (30m chart) The indicator that can create a trading strategy on my chart is the HA-Low, HA-High indicator. Therefore, you can create a trading strategy by looking at the movement of the HA-Low, HA-High indicator formed on the time frame chart that you mainly view and trade. - Thank you for reading to the end. I hope you have a successful trade. -------------------------------------------------- - ​​This is an explanation of the big picture. I used TradingView's INDEX chart to check the entire range of BTC. I rewrote it to update the previous chart while touching the Fibonacci ratio range of 1.902(101875.70) ~ 2(106275.10). (Previous BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (Current BTCUSD 12M chart) Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15). It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54). (BTCUSDT 12M chart) I think it is around 42283.58 when looking at the BTCUSDT chart. - I will explain it again with the BTCUSD chart. The Fibonacci ratio ranges marked in the light green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges. In other words, it seems likely to act as a volume profile range. Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28). Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section. To do that, we need to look at whether it can rise with support near 2.618 (134018.28). If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%. So, if the decline starts near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54). I will explain more details when the downtrend starts. ------------------------------------------------------
by readCrypto
Solana’s Critical Support at $120 - Will It Hold or Break?Solana has been respecting its $120 support level for over a year, consistently bouncing back every time it tested this zone. However, the price is now once again hovering around this crucial level after a small bounce a couple of weeks ago. The key question remains: will Solana hold this support and rally again, or is a major breakdown coming? Weakening Support: A Bearish Signal? When a price level is tested repeatedly, it often weakens as buyers at that level get exhausted. The most recent bounce from $120 was notably weak, indicating that buying pressure might be fading. This could be an early warning sign that sellers are gaining control, increasing the probability of a breakdown. The $75 Scenario: What If Support Fails? If Solana fails to hold $120, the next major support level sits around $75—a price zone where significant demand previously emerged. A breakdown could trigger a sharp move lower as stop-losses get triggered and bearish momentum accelerates. Key Factors to Watch: • Volume & Strength of the Current Test – Is buying volume picking up, or are sellers in control? • Market Sentiment & Macro Trends – Broader crypto market trends, Bitcoin’s movement, and macroeconomic factors could influence Solana’s direction. • False Breakouts & Traps – Sometimes, a brief break below support is a shakeout before a strong reversal. A reclaim of $120 after a breakdown could signal a bullish trap for shorts. Final Thoughts While $120 has been a strong floor for Solana, repeated tests make it more fragile. If buyers fail to step in with conviction, a drop toward $75 becomes a real possibility. However, if bulls defend this level strongly, we could see another bounce, potentially setting up a reversal. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
by Youriverse
43
Crypto Sell-Off: Is Solana Headed for $80?Without a doubt, Solana was the hottest topic in the crypto market last year and at the start of this one—especially with the meme coin craze. However, after peaking near $300, the price began to decline in what initially appeared to be a normal correction. But once Solana broke below the $200 mark, things turned ugly, and the price quickly dropped to the key $120 support zone—a level that held strong over the past year. Now, it looks like Solana is on the verge of breaking below this support, which could trigger an acceleration toward $80, with the $100 psychological level as an intermediate stop. ________________________________________ Why the Downside is Likely to Continue 📉 Bulls Can’t Hold Gains – Short-term rallies are fading fast, showing a lack of real buying strength. 📉 Bearish Engulfing Candle – Yesterday’s price action printed a lower high, adding further pressure on support. 📉 $120 Breakdown Incoming? – If this level fails, expect a sharp decline toward $80. ________________________________________ Trading Plan: Selling Under $130 🔻 Sell Rallies Below $130 – Targeting a move to $80 in the medium term. 🔻 Only a Sustained Move Above $130 – Would shift Solana to a neutral stance—not bullish by any means. For now, the bearish pressure remains, and selling rallies is the strategy to follow. 🚀
COINBASE:SOLUSDShort
by Mihai_Iacob
5
Elliott Wave Analysis on $SOLUSDT – ElliotWave count🟢 Current Wave Structure The chart shows a complex corrective structure that fits well within the Elliott Wave principle: We are currently in a larger ABC correction, with the green-labeled wave (C) likely approaching completion. The most recent move down in green (C) may have marked the end of a broader corrective cycle. The current movement looks like a short-term ABC correction in red – typical for a corrective bounce after a strong sell-off. 🟥 Short-Term Movement (Red Wave A-B-C) Within the lower timeframe, we can see a corrective recovery forming a red A-B-C structure: Wave A (red) has already completed, Wave B (red) is currently forming (sideways or slightly lower), Wave C (red) could result in a final push upwards towards the green descending trendline – targeting around 138–142 USDT – unfolding as an internal orange A-B-C. 🟩 Key Trendline (Green) The green descending trendline has been respected multiple times and acts as strong technical resistance. ⚠️ Scenario: A rejection from this level is highly likely and would mark the end of the current relief rally – completing the larger green wave (B). 🟧 Short Entry Zone The orange Fibonacci zone around 142 USDT marks an ideal short setup area. This level is confluence of Fibonacci extensions and previous resistance. ⚪ What’s Next? After the orange wave C finishes (completing green wave (B)), I expect an impulsive move to the downside – likely unfolding as a classic 1-2-3-4-5 wave within the green wave (C). Target zones: First zone: ~108 USDT (highlighted by green/yellow/red Fibonacci extension), Final bear target: Possible deep wick below due to the high volatility and liquidity in that zone. ✅ Key Support Zone (Green / Yellow / Red) Around 108 USDT, we find a strong confluence support – labeled as End of Bears. This zone may act as a potential reversal point, possibly kicking off a new bullish cycle with long-term targets reaching 200+ USDT.
Long
by ElliotXSolana
Bitcoin Eyeing 95K? Short-Term Momentum BuildsBitcoin has been showing strength recently, holding key support levels and hinting at a potential breakout. If bullish sentiment continues and macro conditions remain favorable, BTC could retest the $95K zone in the short term. On the daily chart, we’re seeing higher highs and higher lows, with the RSI in a healthy range and moving averages trending upward. A clean break above the GETTEX:92K resistance could trigger a strong upward move. Watch for volume confirmation and strong candle formations — this might be a solid opportunity for traders looking for short-term setups. 🚨 Always remember: proper risk management is just as important as the technicals.
Long
by SophiaAnderson
Why Solana (SOL) might correct to the $75–$85 range?Let’s break down why Solana (SOL) might correct to the $75–$85 range, considering fundamental factors, news, events, technical analysis, Coinbase orders, and on-chain activity. Fundamental Factors Solana is a high-performance blockchain known for its speed and low fees. However, in 2024–2025, it faces several challenges that could impact its price. One of these challenges is the phenomenon of meme tokens, often referred to as the " Meme Casino ," which has become a significant part of Solana’s ecosystem. 1. Decline in DeFi, NFT, and Meme Token Activity Solana has been widely used for DeFi and NFT projects and has established itself as the leading blockchain for meme tokens. However, in 2024–2025, these sectors are experiencing a downturn. For instance, NFT trading volume and DeFi activity on Solana have significantly dropped compared to their peak levels in 2021–2022. Interest in meme tokens like BONK, which temporarily boosted demand for SOL, may also fade due to the volatility of this market. This reduces the demand for SOL tokens for transactions within the ecosystem, putting downward pressure on the price and diminishing the token’s fundamental value. 2. Competition from Other Blockchains Solana competes with networks like Ethereum (following the Ethereum 2.0 upgrade and the introduction of sharding), Arbitrum, Optimism, and newer players such as Sui and Aptos. These blockchains also offer high performance and low fees, potentially drawing developers and users away from Solana and reducing interest in SOL. 3. Regulatory Risks In 2024–2025, regulators worldwide, particularly in the U.S., are tightening control over cryptocurrencies. Meme tokens, which drive a significant portion of Solana’s activity, are often associated with scams. I believe that 99.999% of meme tokens are scam coins, and this could lead to regulatory actions that harm the meme sector on Solana. Since Solana heavily relies on this sector, the price of SOL could plummet to levels like $2–$11. 4. Declining Interest in Meme Tokens on Solana In 2023–2024, meme tokens like BONK temporarily increased Solana’s popularity and demand for SOL. However, in 2025, this hype may fade, as the meme token market is prone to sharp rises and falls. This could reduce network activity and, consequently, the price of SOL. In other words, "the music is slowly fading." Technical Analysis On the provided SOL/USDC chart (5-day timeframe), several key points support the idea of a correction to the $75–$85 range: ➖ Volume Profile On the right side of the chart, the volume profile shows a significant trading volume (a thick zone) in the $75–$85 range. This indicates strong support, making it a likely area for the price to return to due to high liquidity. ➖ Trend Structure The chart shows signs of a slowing uptrend: shorter upward impulses and increasing volatility (short candles with long wicks). This could signal a reversal or the start of a correction. ➖ Correction Target: $75–$85 Zone ("Coinbase Orders") The $75–$85 range, marked as "Coinbase orders," is a support zone with limit buy orders. For example, on Coinbase alone, there are orders for 44,419 SOL worth $3,553,520. Similar orders may exist on other exchanges like Binance, Kraken, OKX, and others, creating a strong demand zone. ➖ Hyperliquid Liquidation Map According to the Hyperliquid Liquidation Map, the $75–$85 range contains liquidation levels for long traders. A drop to this level could trigger a cascade of liquidations, intensifying the downward move but also attracting buyers looking for an entry point. What Event Could Trigger a Correction? An expected correction in Bitcoin to the $70,000–$76,000 range could act as a trigger for Solana and other cryptocurrencies to fall, as the altcoin market often follows BTC. === I believe this will be the last corrective bounce for cryptocurrencies, synchronized with a bounce in the S&P 500. After that, I expect all markets to enter a deep decline. 🤔🤔🤔
by SergioRichi
2
SOLUSDT - Wave 5 Completion into resistance zoneThis 1-hour chart of SOLUSDT (Solana Perpetual Contract) showcases a potential 5-wave Elliott impulse structure forming within a larger resistance zone. - After breaking down from the highlighted resistance range (roughly $122–$129), SOL is currently retracing upward in what appears to be an impulsive 5-wave correction. - Waves (1) through (4) seem to be in place, with Wave (5) projected to complete just below or near the resistance zone again. - A potential bearish reversal is anticipated upon the completion of Wave (5), likely targeting support around the $120–$121 level. Traders should monitor the price reaction near the $126–$128 region for rejection signals. A failure to break and hold above resistance could validate the short scenario, while a clean breakout could invalidate the bearish outlook and signal continuation. Tight stop-loss management and confirmation through volume or momentum indicators are recommended before entering a trade.
Long
by wdstrades
4
SOLUSDT | Elliott Wave Projection – Next big Move Incoming 50%+BINANCE:SOLUSDT The chart is probably currently developing a five-wave impulsive structure (1)-(2)-(3)-(4)-(5), suggesting a potential bullish movement towards the 174-175 USD resistance zone before a larger correction unfolds. 📈 Bullish Setup: - A corrective A-B-C structure seems complete, with a potential impulsive wave (1)-(5) forming. - Price is reacting at a strong demand zone, initiating Wave (1) upwards. - Possible target for Wave (5) lies near **174-175 USD**. 📉 Bearish Continuation Afterwards - After reaching the projected high, expect a sharp rejection and reversal. - The final bearish target lies within the "End of Bear" zone (~108-109 USD). --- ### 🔹 Key Levels to Watch: ✅ First Bullish Target: ~174-175 USD ⚠️ Critical Support Zone: 108-109 USD --- ### 📌 **Trading Plan:** 1️⃣ Long Opportunity: If price respects the current support, target Wave (3)-(5) completion near 174 USD. 2️⃣ Short Confirmation: If price rejects at resistance, a larger bearish wave is expected. 3️⃣ Final Bear Target: 108-109 USD zone for possible long-term support. 🚨 Risk Management: - Stop-loss below 111 USD for longs. - Wait for confirmation before shorting after rejection. 💬 What do you think? Will SOL hit 175 USD before the final drop? Comment below!
Long
by ElliotXSolana
Solana - The Bullrun Is Not Over Yet!Solana ( CRYPTO:SOLUSD ) might create another move higher: Click chart above to see the detailed analysis👆🏻 As we are speaking Solana is sitting at the exact same level as it was about 3.5 years ago in the end of 2021. In the meantime we saw a lot of volatility and Solana is now once again retesting a major previous support level. Despite the harsh recent drop, the bullrun remains valid to this day. Levels to watch: $120, $250 Keep your long term vision, Philip (BasicTrading)
CRYPTO:SOLUSDLong
by basictradingtv
30
SOLUSDT SOLUSDT Analysis 📊 🔹 Support Levels: 118, 112, and 107 USD 🔹 Resistance Levels: 130 and 150 USD ✅ The price has reacted positively after testing the 118-112 USD support zone, showing a short-term bullish move with increasing volume. 📉 If the price fails to break 130 USD, a pullback to 118 USD is possible. 📈 A breakout above 130 USD could pave the way for a move toward 150 USD. 🔍 Conclusion: The bullish trend remains unconfirmed until 130 USD is broken.
Long
by EhsanZeydabadi
Elliott Wave | Bearish End Confirmed? | Last Chance Before the DBINANCE:SOLUSDT The current structure suggests we are approaching a key decision point. Price has completed an a-b-b correction and is now reacting within the 61.8%-88.7% Fibonacci retracement zone, which could trigger a relief bounce before further decline. 📉 **Bearish Outlook:** - The recent structure confirms a completed a-b-c move, leading to a potential Wave (B) retracement. - The final bearish target lies in the "End of Bear" zone (~109 USD), where a final capitulation may occur. - If we break far below **109 USD**, expect an accelerated sell-off. 📈 **Bullish Scenario?** - The 78.6%-88.7% Fibonacci retracement zone could push SOL towards a short-term bounce before resuming the bearish trend. - A valid long trade is possible if this support holds. ⚠️ Key Levels to Watch: ✅ Bullish Rejection Zone: 78.6% - 88.7% Fibo ❌ Break Below 105 USD = Full Bearish Confirmation --- ### 📌 **Trading Plan:** 1️⃣ Potential Short-Term Long if 78.6% - 88.7% Fibo holds. 2️⃣ Target: Resistance before wave (C) completes. 3️⃣ Short Confirmation** after rejection OR break below 105 USD. ‼️ Risk Management: - If price fails to hold, a deeper correction is expected. - Trade with proper stop-loss & confirmations! 💬 What do you think? Will we see a short-term bounce before the bear takes over?
Long
by ElliotXSolana
SOLANA LONG Bullish Testing SupportNever the less as Solana trend looks bearish(Only from the point of view of price action traders, ema traders, breakout traders) and I DONT SHARE this opinion,because I use another TA to define the trend. Monthly VP is at 0.02%, for VP traders it is bullish( while MA tradrs say it is bearish). The price of solan is at historical lowest point of VAL(18 month volume profile).Therefor at this point sellers and buyers dont find an accepted price .If the sellers want to push down theprice,the number of buyers reduces.This leads to a market balance,as now many imbalances have been restored.While EMA,SMA and many other indicators are lagging indicators,they react when the show is over!!!!!!,VP delivers price information real time Also now commercials starting buying solana(COT report) while speculators selling it(Speculatorsare90% of time wrong)! Ofcourse many would suggest that we have bearish sentiment dat,inflation, recession etc. Fundamentlas show their impact alsotoo late. And all these information are priced in. Ok now to my setup: We have tested the support twice successfully. Solana can start to move in TP 1 direction. If price reaches tp1 and continues to move ahead,this will be a good sign that Solana bulls gaining more control, while sellers start to take profit. If TP 1 rejects,we expect that solana will fall back to support going for TEST 3. IF SUPPORT TEST § WAS SUCCESSFUL.tHAT MEANS sOLAN CANNOT BREAK THIS SUPPORT THE MARKET STARTS TO MOVEUP QUICKLY to TP 2,3,4 and 5 If solana not successful, then it targets 115% Fibo retracement, and then 127% and so on. For us it means to wait until one of the retracement levels rejects I buy there where others put their stops,because their stop management is planned by price action, that everyone can see.Therefor 90% of time they fail.
PEPPERSTONE:SOLUSDLong
by DaveBrascoFX
4
SOL/USDT May SOL lose the weekly support? Key Level to buy!Hey traders! 👋 Let’s dive into the weekly chart for SOLUSDT. 📊 Current Price Action: SOL is trading at $112.20, down 10.96% on the weekly chart. The price has been consolidating in a "Buying Zone" between the weekly support levels of $110.17 and $131.68. This zone has historically acted as a strong base, with the price bouncing from this area multiple times since late 2023. 🟢 Buying Zone and Support: The current price is sitting in a critical "Buying Zone" between $110.17 and $131.68. This area has acted as a springboard for previous rallies, and if SOL holds above $110.17, it could be a good opportunity for accumulation. A break below $110.17, however, might lead to further downside toward the next support at $80.18 or even $54.00. 🎯 Target: If SOL manages to break through the $195.71 resistance, the next major target is its previous ATH at $260. I’ve projected a potential move to $295.71, which would be a 95.71% increase from the current price of $112.20. This target aligns with the historical price structure and Fibonacci extensions. ⚠️ Risk Management: Keep an eye on the $110.17 support. A weekly close below this level could signal bearish momentum, potentially driving the price toward lower supports. On the upside, watch for a strong breakout above $195.71 with high volume to confirm the bullish scenario. What do you think about SOL’s setup? Are you bullish or bearish on Solana? Let’s discuss in the comments! #SOLUSD #Solana #Crypto #TechnicalAnalysis #Breakout
by ijaz_crypto
2
SOLANA at key support zone - Is $160 within reach?BINANCE:SOLUSDT has reached a major support level, an area where buyers have previously shown strong interest. This zone has acted as a key zone, increasing the likelihood of a bounce if buyers step in. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would strengthen the case for a move higher. If buyers take control, the price could rally toward the $160 target. However, a decisive breakdown below this support would invalidate the bullish scenario and could lead to further downside. This isn’t financial advice, just my take on how I approach support and resistance zones. Best to wait for clear confirmation, like a strong rejection or a volume spike, before making a move. Every trader has a unique perspective. Let’s discuss this setup within the TradingView community!
Long
by TrendDiva
35
Primer: Solana - A Blazing BlockchainCME Group’s newly launched Solana futures enable institutional grade access to the cryptocurrency, offering investors access to compelling relative value opportunities. This paper provides a background to Solana in relation to other major blockchain networks and cryptocurrencies. Mint Finance will outline the execution of crypto market spread trades using CME futures in an upcoming paper. Solana is a high-performance public blockchain launched in 2020 by Solana Labs, founded by Anatoly Yakovenko (a former Qualcomm engineer). Yakovenko first proposed Solana’s novel Proof of History (PoH) concept in 2017 as a solution to blockchain scalability. He assembled a founding team including former Qualcomm colleague Greg Fitzgerald and others and named the project after a California beach town. Backed by early venture funding, Solana’s mainnet launched in March 2020. The vision was to enable ultra-fast, low-cost transactions for decentralized applications (e.g. DeFi, gaming), addressing limitations of Bitcoin & Ethereum in speed and fees. Solana has grown rapidly to become one of the most used networks and amassed a market cap of USD 64 billion, making it one of the largest digital assets. What is behind the massive surge? Is it due to flip ETH as the home of DeFi? How Does Solana’s Blockchain Rank? While Solana’s low fees and fast transaction speeds have driven high trading volume, transaction count, and wallet growth, it still trails ETH in Total Value Locked (TVL). To achieve its high transaction throughput, Solana has made certain compromises on decentralization. In terms of ecosystem development, Solana is seeing rapid growth. The Electric Capital 2024 developer report found Solana attracted the most new developers in 2024 – more than any other ecosystem (even Ethereum’s, despite Ethereum’s broader base). Solana now has ~2,500 monthly active developers, second only to Ethereum’s ~8,900 (which includes many working on Layer-2s). This loyal & expanding developer base has been a key factor behind Solana’s explosive growth. DEX Surge and Meme Coin Mania Solana’s early growth was driven by NFTs, supported by low fees and a loyal community that made it a hub for NFT trading. These factors continued to attract users even after the NFT boom subsided. Its fast, low-cost blockchain and strong developer base have enabled the launch of many user-friendly and popular applications. More recently, Solana’s growth has been fuelled by surging decentralized exchange (DEX) volumes and a wave of meme coin minting. By November 2024, meme coin trading accounted for an all-time high 65% of monthly DEX volume on Solana’s largest DEX, Raydium. Raydium even overtook Uniswap in monthly volume that month. Solana’s advantages in cost and speed have been pivotal in this trend. Transaction fees on Solana are negligible and on-par with L2 chains. This cost advantage makes minting and trading low-value tokens (like meme coins) economically feasible on Solana but prohibitively expensive on Ethereum layer-1. Similarly, Solana’s block times (~0.4 seconds) and high throughput enable rapid trading. Traders can execute many rapid swaps on Solana DEXs without the delays and slippage that Ethereum’s ~12-second blocks and occasional congestion introduce. Solana’s speed and low fees thus attracted a flood of retail speculators for meme coins and high-frequency trading strategies. Ethereum’s ecosystem still offers deeper liquidity and broader dApp selection, but Solana capitalized on specific niches (e.g. meme coins, real-time trading) where Ethereum’s costs are a barrier. However, this explosive growth was not without turbulence. In early 2025, a “meme coin meltdown” saw activity cooling off after several scam tokens collapsed. By February 2025, Solana’s share of total on-chain DEX volume, which had topped 51% in January, retreated to 24% as some froth cleared. Data Source: Artemis Scandals like a fake “Libra” token (which vaporized $4.4B in market cap) and a Trump-themed token rug pull dented retail sentiment. Even so, Solana’s DEX volumes remain on par with Ethereum’s entire ecosystem (L1 + L2), a remarkable feat. VanEck’s Feb 2025 report noted that despite an 80%+ drop in new meme token launches since January, Solana DEX activity “is still holding its own – roughly matching the entire ETH ecosystem”. In short, the meme coin mania has demonstrated Solana’s capacity to manage massive retail-driven bursts of activities that might overwhelm other chains. Market Metrics For BTC, ETH, and SOL Since the bottom of the bear market following the FTX collapse. Solana has delivered a stunning recovery, far outperforming both BTC and ETH, but the massive gains were partly explained by the much sharper decline following FTX. During 2024, SOL performance moved in lockstep with BTC with both assets delivering stunning returns. However, the performance diverged sharply after Jan/2025, coinciding with the collapse in DEX trading volume. The sharp correction since has erased most of the 2024 gains while BTC has remained resilient. Solana has, nevertheless, managed to outperform ETH which has suffered an even deeper correction over the past few months. Data Source: TradingView Historical volatility for all three assets shows a similar trend but differ in magnitude. SOL has the highest volatility while ETH follows second and BTC is least volatile. During spikes, the differences become exaggerated, but during lows, the values can reach similar lows. For traders, higher volatility can be both an opportunity and a risk. While SOL’s performance is positively correlated with both ETH and BTC, this correlation breaks frequently (more commonly with ETH) and these periods of divergence present compelling spread opportunities. The trend for implied volatility (IV) is like HV with SOL’s IV the highest and Bitcoin’s IV the lowest. Recently, IV has started to edge up again following a decline through March. Trading Solana and Crypto Spreads With the launch of CME’s Solana and Micro Solana futures, investors can express views on Solana’s growth and take tactical positions that benefit from relative outperformance. Mint Finance will outline the execution of crypto market spread trades using CME futures in an upcoming paper. CME Solana futures provide exposure to 500 SOL per futures contract and reference the CME CF Solana-Dollar Reference Rate. CME Micro Solana futures offer a smaller notional value to create more balanced spreads and for fine-tuning exposure. The micro contract provides exposure to 25 SOL. Additional details about the contract including margins, calendars, and specifications are available on the CME Solana product page . MARKET DATA CME Real-time Market Data helps identify trading set-ups and express market views better. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme . DISCLAIMER This case study is for educational purposes only and does not constitute investment recommendations or advice. Nor are they used to promote any specific products, or services. Trading or investment ideas cited here are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management or trading under the market scenarios being discussed. Please read the FULL DISCLAIMER the link to which is provided in our profile description.
CME:SOL1!Education
by mintdotfinance
SOL/USD Technical Analysis (March 31, 2025)🔹 Potential Scenarios: ✅ Bullish Path (Green): If the price holds above the Golden Pocket (119.89 - 121.15) and breaks 147.38, it may continue rising toward 165-176 and possibly 201-210. ❌ Bearish Path (Red): A drop below 112.40 could push the price toward 109-119, and further breakdown may lead to 78-86 or even 51-57 in extreme cases. 🔄 Neutral/Alternative Path (Yellow): If support holds but no strong breakout occurs, the price may consolidate and later move in either direction. 💡 Key Levels to Watch: Resistance: 147.38, 165-176, 201-210, 272+ Support: 119-121 (Golden Pocket), 112.40, 78-86, 51-57 📌 Keep an eye on price reactions at these levels to confirm the next move.
BINANCE:SOLUSD
by EpicmindJournyFX
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