SOL (Solana) to 240 - PUMP IS COMINGCRYPTO:SOLUSD
Are you ready? You better be.
SOLANA is about to shine brighter than the sun (hahaha)
On long run I see 420+ but for you dollar thirsty intraday traders 240 is coming.
Open your Futures Positions BUT with extreme risk management because greed factor is really high. BTC is jumping to 100000+ too but I SEE SOL ABOVE 240 (Its a matter of minutes).
Enjoy.
I AM THE CRYPTO CHIEF
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Pandemic is over but yall traders better Stay inside.
SOLUSDT trade ideas
Solana 4X Leveraged LONG Trade-Setup (412% Potential)This chart setup is likely to be valid until mid-2025. Here I have for you a strong final target, $372, but this isn't likely the end of Solana's bull-market. We will adapt to the market as things unravel.
If after reaching this high a new and higher resistance level opens up, we will share a new chart setup.
This is a low risk trade based on the relatively low amount of leverage. This little amount allows for a position to remain safe even in the face of strong volatility (a drop).
This chart setup remains strong and valid above $150.
I don't think it is necessary for the market to go this low but, you can adapt the trade to your own risk tolerance. Remember that leveraged trading requires experience.
The timing is a bit early, when considering the bigger picture but still good for those with patience. We are talking about days with a maximum of a few weeks for a good advance.
There can be an advance followed by a small retrace and then the higher high. Our eyes are set on March for maximum bullish momentum.
Once we are closer to the breakout, we will increase lev.
A position can be built with margin. It is all up to you.
Full trade-numbers below:
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LONG SOLUSDT
Leverage: 4X
Entry levels:
1) $185
2) $176
3) $160
Targets:
1) $210
2) $233
3) $248
4) $272
5) $310
6) $337
7) $372
Stop-loss:
Close weekly below $140
Potential profits: 412%
Capital allocation: 4%
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The market can look red and pretty bad in some ways, but know that everything can change in a single day. We buy when red to later sell when everything is green. I know it is hard, but that's the way to win.
When in doubt, go spot or reduce leverage. The worst case scenario is a longer period of hold. When certain and doing good, "hit the gas," very soon we are going up.
Thanks a lot for your continued support.
Namaste.
SOLANA HOLDS SUPPORTThe Solana (SOL) daily chart demonstrates a significant bounce after testing the key horizontal support level around $175.26. Yesterday's candle showed a long lower wick, indicative of substantial buying interest at lower levels, but the close was still relatively weak, below the $190 region. Today, Solana is attempting to sustain its recovery, but upside momentum remains limited for now.
The 50-day moving average, currently sitting at $210.50, has been acting as dynamic resistance since late December, and reclaiming this level will be critical for any bullish continuation. Meanwhile, the 200-day moving average at $173.14 provides a broader structural support base, closely aligning with the horizontal support zone.
Volume during the recent sell-off was elevated, signaling significant market participation in this range. While yesterday's bounce indicates buyers stepping in, further confirmation in the form of a higher close and follow-through is required to validate a reversal attempt. For now, the $175-$190 zone remains a critical battleground, and failure to hold above $175 could open the door to further downside.
RSI is hovering near oversold territory, suggesting that the asset may be nearing a short-term bottom. However, a stronger bullish catalyst or broader market strength will be necessary for Solana to regain its upward trajectory. Watch for volume and price action around the 50 MA to gauge the strength of any recovery.
SOL in an interesting spot hereUnlike Ethereum, Solana has yet to reach its green Overall Correction Level (OCL). This makes it crucial to watch for any potential reactions there. Given the broader market sentiment—where every other cryptocurrency seems to be circling the drain—I anticipate SOL to follow suit and aim for the orange resistance line below.
That said, the market still holds full legitimacy to react at the OCL, potentially presenting us with another correction level entry at the 0.559 Fib. You know the playbook by now: stay patient, wait for confirmation, and execute when the data aligns.
For now, we’re already positioned. So, we sit back, observe, and let the market do the talking. No rush—just precision.
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.
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!
"Solana aiming for a 40% rally—bullish breakout in sight #SOL"Reversal Momentum:
SOL is currently showing signs of reversal, bouncing off the 200-day EMA ($179.31)—a strong support level. This is a classic setup for an upward move.
Upside Potential:
With the next resistance near the 50-day EMA ($201.80), breaking above this level could unlock a significant rally toward the $220-$260 zone.
A 40% move from here would bring SOL to around $260, which aligns with a previous resistance zone, giving your target a solid technical foundation.
Healthy RSI:
The RSI at 42.16 indicates that SOL is exiting oversold conditions, leaving room for a strong upward rally before it approaches overbought levels.
Demand Zone Support:
The recent test of buy-side liquidity near $170 shows that buyers are stepping in. This is a positive sign of strong demand at lower levels, supporting the bullish case.
Order Block (OB) Magnet:
The marked order block (OB) above $220 is a natural target for price to revisit, as the market tends to seek liquidity in these zones.
Bullish Strategy:
Entry Zone: Consider entering now ($186.97) or on a confirmed breakout above $201.
Targets:
$220 (short-term): First target after breaking above the 50-day EMA.
$260 (mid-term): 40% upside target aligned with previous highs.
Stop Loss: Place a tight stop below $175 to minimize risk in case of unexpected volatility.
Conclusion: Solana is primed for a rally. With its strong technical foundation and potential for a 40% move, this is an excellent opportunity to ride the bullish wave. Keep an eye on the breakout above $201 to confirm momentum! 🚀
For long term investors :
hold tight with a traling stop-loss above 260$
solana has alot of potential to showcase in this Bull-RUN
Solana Long Term Gann Monthly CandlesSolana has probably been the best performing of the last couple of years - It was even generous enough to give everyone who missed it the first the same chance at massive profits again - However the markets love affair with Sol has dwindled, once the 4th biggest coin by market cap is now down to 6th, it seemed like the Xrp rally somehow wounded Sol and not only has Sol lost support against Btc but also Eth...and Eth is still weak - Judging from the previous cycle we should see some sharp drops when next months candle opens beneath ascending support - On the macro side i'm looking to see Sol at $40-$50 usd sometime spring to summer of 2026...
Correction Is Finished For Solana SOL, $300+ Is NextHello, Skyrexians!
Today it's time to observe BINANCE:SOLUSDT the most overbought crypto of 2024. Today we will not try to guess where is going to be top and bottom, look at the local picture instead because in the short term it's about to show the significant growth.
Let's take a look at 12h time frame. We can mark the previous impulse with the green. Decrease from the top can be counted as a correction because of its ABC Elliott waves structure. Now the Bullish/Bearish Reversal Bar Indicator can print the bullish green dot which inside the Fibonacci support level can be the strong reversal sign. As always, alerts from this indicator are automatically replicated on my accounts. You can find the information in our article on TradingView . If reversal will be confirmed, the next target is somewhere above $300. When price will reach it we make an update.
Best regards,
Skyrexio Team
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SOL Negatif week!When looking at the league map, the long and short level range is between 164.5 and 212 as seen in the 7-day period. If the shorts reach the 212 level, the left 804.65M, if the longs reach the 164.5 level, the left 360M liquidation will occur. The data coming on Wednesday seems to clarify the situation. I would be happy if you comment.
Solana 300 Days Sideways; Bullish Or Bearish?Bullish!
Notice the sideways channel. Easy to see the fact that the upper boundary has been violated. It is also easy to see that SOLUSDT is trading above the middle section of the channel. Bullish—bullish.
Solana is trading daily above MA200. Super-bullish.
MA200 matches the 0.618 Fib. extension level for the current bullish wave. Also-bullish.
300 days going sideways is good news. This is a positive development.
Preceding a major advance, a consolidation period is needed, necessary and required. Solana is meeting this requirement nicely as it has been sideways for ten months with a bullish bias. The bias is bullish because the action is happening near resistance rather than close to support. Bullish-bullish.
No need to scream, no need to cry no need to be surprised. There is no need to be surprised if Solana starts trading above $300 in a matter of months.
No surprises is Solana goes above $400 before or near to May.
No surprises here, all growth is welcomed.
We want the market to grow and we are ready to grow.
We are ready with spot positions and even a leveraged trade.
Would you like to be a winner in 2025?
Follow me, let's conquer this game.
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