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SOLUSD trade ideas

solan for the next mouths Solana (SOL) is trading at its lowest price level since September 2024, as the entire crypto market struggles with fear and intense selling pressure. Solana has lost over 55% of its value in less than six weeks, erasing the gains from its post-election rally and raising concerns among investors about a potential prolonged downtrend. Panic has taken over the market, and traders are growing fearful that Solana’s correction may continue into lower price levels. Despite multiple attempts to reclaim momentum, bulls have been unable to defend key demand zones, allowing bears to maintain control. Top analyst Ali Martinez shared a technical analysis on X, stating that Solana appears to be experiencing a macro trend shift from bullish to bearish. If SOL fails to recover key levels soon, it could signal a deeper downtrend and further selling pressure in the coming weeks. For now, investors are closely watching Solana’s next move. If SOL can reclaim key resistance levels, it could stabilize and possibly trigger a recovery. However, failure to hold above current prices could lead to an extended bearish phase, increasing the risk of further declines. Solana Facing Serious Selling Pressure Solana is trading below crucial daily support levels, invalidating the bullish structure thesis that many traders were holding onto. The price action has been weak, with Solana now caught in a high time frame range between $120 and $220. If bulls fail to defend the lower end of this range, Solana could face the risk of a prolonged bear market. The current price breakdown suggests that bears remain in control as selling pressure continues to mount. Solana has struggled to reclaim momentum, and the once-strong uptrend that started in July 2023 is at risk of collapsing. Analysts are now monitoring whether SOL can hold above the $120 support level, as a failure to do so could trigger a deeper correction. Martinez’s technical analysis states that Solana appears to be experiencing a macro trend shift. Martinez explains that the bullish trend that started in mid-2023 is on the verge of breaking, and if SOL continues to lose key demand levels, it could confirm a long-term bearish phase.
TRADENATION:SOLANALong
by mrbenacci
1
Solana (SOL) Technical Analysis Based on Support & Resistance1. Key Support & Resistance Levels From the chart, we can identify the following key levels: Resistance Levels: 139.19 149.65 159.38 171.37 179.92 Support Levels: 133.40 (Current Price) 118.54 (Next Key Support) 101.85 89.33 SOL is currently trading at $133.40, testing the support level of 139.19, which has now turned into resistance. If this level holds as resistance, further downside movement toward 118.54 is possible. 2. Reversal Pattern Forecast The recent breakdown below 139.19 suggests continued bearish pressure. A potential double bottom or bullish divergence near the 118.54 – 101.85 zone could indicate a reversal. If SOL finds strong buying momentum around 118.54, a reversal towards 149.65 - 159.38 could occur. However, if it breaks below 118.54, expect further downside to 101.85 and 89.33. 3. Trading Idea Bullish Scenario: Wait for confirmation of support around 118.54. A strong bounce with volume could signal a long opportunity targeting 139.19 - 149.65. Bearish Scenario: A breakdown below 118.54 would confirm a continuation of the downtrend, making short positions viable towards 101.85 - 89.33. 4. Risk Management Stop-loss for long trades: Below 118.54 Stop-loss for short trades: Above 139.19 Risk/Reward Ratio: Maintain at least 1:2 for better risk management.
COINBASE:SOLUSDShort
by michaelhizkia14
1
SOL BuySOL/USDT Analysis & Trade Signal Chart Overview: The Solana (SOL/USDT) chart is on a 4-hour timeframe. The price is currently in a downtrend, trading inside a descending channel. Major support zone: $124 - $112 (marked in red). Major resistance zones: $152, $177, $227, and $285. Trade Plan & Signal: 📌 Buy Zone (High Risk Entry): The price is around $124.67, which is near the support zone. The chart suggests waiting for a strong bullish candle before entering. If the price holds this support, it could trigger a reversal. 📌 Stop Loss: Below $112.93 to minimize risk. 📌 Target Levels: First target: $152 Second target: $177 Third target: $227 Final target: $285 📌 Risk Management: If the price breaks below $112, the downtrend could continue. Enter only after confirmation of a bullish reversal. Conclusion: Bullish scenario: A bounce from $124 could lead to $152+ targets. Bearish scenario: A break below $112 might push the price lower. Recommendation: Wait for a bullish confirmation before entering. Would you like further analysis or modifications in risk management? 🚀
COINBASE:SOLUSDLong
by EhsanZeydabadi
SOLUSD - $134 key level Based on a trend based fib extension placed early 2023, late 2022: Solana has found fierce resistance at it's 2.618- roughly around the previous cycle's all time high. After a second attempt to continue upward, we have had a fierce rejection back down towards $130. As you can see, $134 has acted as a major support and resistance level dating back to 2021, and it has found solid footing at this price. In fact, it has traded between $134 and $167 - the 1.618 level based on a trend based fib extension placed on the daily candle where it reached it's new ATH - consistently since May 2024. What I find promising is that we have major confluence at exactly $134 and so far between these two and other fibs and SOL has shown really good strength at this price. If $134 holds, we should see continuation. If it breaks, I expect ~105-108 (weak support), falling further to ~$90 (much stronger support than $108). Keep in mind, we COULD see SOL re-test it's diagonal support line and remain in a bullish structure, but the bear case would be much stronger if we reach that point.
BINANCE:SOLUSDLong
by Red54
SOLUSD Weekly Outlook: Bullish Shark PatternUPDATE Bullish Shark Completion & Emerging Divergence Shark Pattern in Play: Following our previous analysis, BINANCE:SOLUSD has completed the Bullish Shark pattern at the 0.886–1.13 retracement of the 0-X leg. Price action is now reacting around this deeper PRZ, suggesting a potential reversal may be underway. DMI Delta Divergence: We’re seeing a bullish divergence between price and the DMI Delta—an early sign that bearish momentum could be fading. This divergence reinforces the likelihood of a bounce from the current levels. If this divergence is confirmed with a strong bullish candle or surge in volume, it may validate the Shark pattern and open the door for a trend reversal. Keep stops below the 1.13 extension to manage risk, and watch for price targets around the 38.2% or 61.8% retracement of the new leg.
BINANCE:SOLUSDLong
by J_O_S_E_
Solana (SOL/USD) Scalping & Mid-Term Analysis🔥 Market Overview: Trend: Bearish Key Levels: Resistance: $140, $148 Support: $134, $128 Indicators: MACD: Weak bullish divergence, but momentum lacks strength RSI: 54.1, slight recovery but no confirmation EMA 200: Resistance at $148, strong rejection likely Liquidity & Volume: Increasing trading volume, but lacking strong bullish confirmation Large liquidations indicate potential market maker activity 🔥 Scalping Strategy: 🩸 1. Momentum Scalping (Short Bias) Entry: Short at $138-$140 Target: $134 (-2.9%), $128 (-7.2%) Stop-loss: Above $141 Expected Profit: 2.9%-7.2% 🩸 2. Range Scalping Buy Zone: $134-$132 Target: $138 (+3.1%) Stop-loss: Below $130 Expected Profit: 3.1% 🩸 3. Breakout Scalping Entry: If SOL breaks below $132 Target: $128 (-3.0%) Stop-loss: Above $134 Expected Profit: 3.0% 🔥 Mid-Term Trend Forecast (1-3 Weeks): If SOL fails to reclaim $140, a move to $128 is highly probable If SOL breaks above $140, expect a retest of $148 Only a breakout above $148 will flip the trend bullish 🔥 News & Market Context: SOL liquidations over $1.5B indicate recent market manipulation Lack of institutional inflows, weak recovery signs Sentiment remains uncertain, waiting for a catalyst 🔥 Decision & Risk Rating (1-10): 🩸 Short-term (Scalping): Short bias, 7/10 (High probability but needs confirmation) 🩸 Mid-term (Swing): Bearish, 6/10 (Still weak, potential downside) 🩸 Best Play: Short near $138 with a target of $134-$128 👑 Final Verdict: Solana remains weak, struggling to hold key levels. Short setups are more favorable. If $140 holds as resistance, expect further downside. 🔥 FinCaesar's Statement: "Fortune favors the prepared, not the reckless."
CRYPTO:SOLUSD
by FinCaesar
SOLANA – Technical and Fundamental OutlookTechnical Analysis Solana (SOL) remains within a Falling Wedge structure, a historically bullish reversal pattern. The price is currently testing a key support zone at $124.29, where demand accumulation could trigger a breakout. A successful rebound from this level may confirm a shift in momentum. A breakout above $150.51 would validate a bullish reversal, with the next key resistance target aligning with the previous All-Time High (ATH) of $296.99. Failure to hold $124.29 as support could extend the correction, requiring confirmation of price action before further positioning. Fundamental Analysis Solana continues to exhibit strong growth, with a 37.09% price increase in the last 30 days and 79.96% gains over the past 90 days, reflecting sustained investor confidence. Institutional sentiment remains positive, with VanEck analysts projecting a $520 price target by the end of 2025, contingent on continued adoption and ecosystem expansion. Key fundamental drivers include Solana’s high-throughput architecture, enabling thousands of transactions per second with low fees, positioning it as a competitive layer-1 blockchain. Recent integrations, including Visa's USDC settlement adoption, further reinforce its real-world utility. Risk Considerations Regulatory uncertainties remain a critical factor, with SEC classification concerns presenting potential headwinds. Additionally, speculative market activity, particularly within Solana's meme coin sector, has contributed to heightened volatility, necessitating cautious risk management. Conclusion The confluence of technical support levels and strong fundamental adoption metrics suggests a pivotal moment for Solana. A breakout from the Falling Wedge structure would reinforce bullish momentum, while macro and regulatory developments remain key monitoring factors.
COINBASE:SOLUSDLong
by AzrulAzir