SOLO RUNYh fellas let's check the sol chart!!!
Based on technicals if the sol can't sustain at $160, there's going to be a dump to $129 and $85 respectively
Peace ✌️
SOLUST trade ideas
INVERSE HEAD AND SHOULDER ON SOLHello Guys, inverse head and shoulder opportunity for profits.
tradehubng
Phemex Analysis $60: How to Trade SOL Amidst the FTX UnlockThe FTX’s decision to unlock 11.2 million SOL tokens (worth around $2 billion) at March 1st has sent shockwaves through the market. Fear of a potential sell-off has triggered panic among investors, leading to a sharp decline in SOL’s price from $200 to the $160 area.
With uncertainty in the air, traders are now asking: Will SOL continue its downward spiral, consolidate, or stage a strong comeback? In this analysis, we’ll explore three possible scenarios and how to trade them like a pro.
Possible Scenarios
1. Continued Downward Trend – More Selling Pressure Ahead?
Currently, SOL has dropped into the $165-$155 support zone, but if fear continues to dominate and selling pressure increases, further downside is possible. Key support levels to watch:
• $135-$126 – A critical demand zone where buyers may step in.
• $110 – A strong historical support level that could serve as a bottom.
For long-term investors, this could be an opportunity to accumulate SOL at a discounted price. However, for those who entered near $200, this scenario is less favorable.
Pro Tips:
• Use scaled orders to gradually enter the market instead of going all-in at once.
• Set limit buy orders around key support zones to secure an optimal entry.
• Monitor volume and Relative Strength Index (RSI)—if SOL becomes oversold on high volume, it could signal a potential reversal.
2. Bouncing Between $155 & $210 – A Range-Bound Market
While some traders fear a deeper decline, institutional buyers and long-term holders may step in to absorb the selling pressure. This could lead to a sideways trading range between strong support at $155 and resistance at $210.
Pro Tips:
• Use grid trading bots to capitalize on price swings:
• Start a long grid bot near the $155 support level to profit from rebounds.
• Start a short grid bot near the $210 resistance level to take advantage of pullbacks.
• If SOL repeatedly tests $210 but fails to break through, consider taking partial profits.
• Stay cautious—if the $155 support fails, be ready to adjust strategy for a deeper correction.
3. Breakout Rally – A Surprise Upside Move?
While less likely, a major bullish catalyst—such as the approval of a Solana ETF—could spark a breakout. If SOL gains regulatory or institutional backing, it may defy expectations and surge past resistance levels.
Pro Tips:
• Watch for a breakout above $210 with strong volume—this could signal a move toward $250+.
• Consider momentum trading strategies, setting stop-loss orders below $200 to manage risk.
• Stay updated on ETF-related news and broader crypto sentiment.
Final Thoughts
All eyes are on March 1st, when FTX’s SOL unlock event could bring heightened volatility. Whether SOL drops further, consolidates, or stages a breakout, traders need to stay alert and adjust their strategies accordingly.
• For bulls: Look for accumulation zones and wait for a confirmed reversal.
• For range traders: Take advantage of price swings between support and resistance.
• For breakout traders: Keep an eye on volume and fundamental catalysts.
No matter which scenario plays out, staying disciplined, managing risk, and reacting to market conditions is key to trading SOL like a pro.
🚀 How are you planning to trade SOL during this event? Drop your thoughts below! 🚀
Pro Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
SOL how have you been?SO SOLANA is trying to recover from here but ideal recovery position is from the stances marked, Expecting moves till both nPoC's. Very good swing buys!
Lingrid | SOLUSDT monthly Low FALSE Break. Potential BUYThe price perfectly fulfilled my previous idea. The market has reached the January low, as I predicted in my previous post. It has also almost touched the November low. I believe the market might bounce off the support level around the 150 level, a significant psychological level, and then move higher. Before the recent drop, the price formed a triangle pattern, which on the weekly timeframe looks like a potential fakey pattern. This pattern suggests a reversal. If the price closes above 175 at the end of this week, there is a high probability of the market moving to higher levels. I expect some consolidation at this support zone before a further upward movement, especially given the fake breakout of the previous month's low. My goal is resistance zone around 200
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
SOLUSDTAfter achieving the $300 target, the asset underwent a healthy correction. The $150 zone is an important level for buyers. If it holds, Solana can continue its uptrend with targets of $500, potentially forming an ending diagonal
SOL/USDThello friends
Due to the price drop and the new bottom, now we have two scenarios:
1_ According to its downward trend, the price hits the resistance range and hits a new bottom.
2- The price succeeds in breaking the resistance range and our trend becomes upward.
In our opinion, scenario 1 is more tolerant.
*Trade safely with us*
SOLUSDT - Long Trade IdeaTrade Details:
Entry : Buy at the current market price or place a buy limit at $160
Stop Loss : $152
Take Profit :
Reason for Trade:
SOL is showing strong bullish momentum and trading near a key support level.
Potential rebound from the demand zone around $160.
Favorable risk-to-reward setup with a tight stop-loss.
Disclaimer : This trade plan is for educational purposes only and not financial advice. Always conduct your own research and risk management before trading.
SOL longHourly just took out a key daily swing low
1 hour PA just immediately thrusted back above the low and closed strong above it.
I've market-longed this with the idea that this is about to squeeze the bears.
The bearish superwave of SOL has begun (3D)It seems that the The bearish superwave of SOL has begun.
A large liquidity pool has formed below the price, which is likely to break soon.
The all-time high has been broken falsely. This could lead to heavy drops in the weekly timeframe.
In the mid-term and long-term, Solana appears bearish.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
SOL Long Term ViewPrice is retracing to the demand zone at the low of the right shoulder for this inverse H& S pattern.
If it fails to find support around $100 could be detrimental for SOL bulls with $78 being the next area of support. A bounce from 100 could send the price up to 500 USD.
Solana WavesMaybe the 5 waves of the impulsive cycle of the current Solana cycle is like this (I'm not an expert in Elliott waves)
SOLUSDT - Weekly TimeframeIf SOLUSDT cannot maintain the current dynamic uptrend trendline, here are it potential targets in the weekly timeframe.
NothingThis is the result of trusting certain politicians !!
Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own.
If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation.
If you like support me...
SOLANA price is retesting for another bull run?#solana #sol price is now again testing the major support zone. Also, this may be the retest of CRYPTOCAP:SOL price to have another bull run. If #solusd loses 140 usd region , then the invalidation of bullish retest will occur.
SOL Retesting the Descending ChannelBINANCE:SOLUSDT drops back to retest the descending channel.
The last two times it touched this level, it held and bounced up.
Let’s see if it can hold again this time—if not, it might drop to $146.
From the last two experience of bouncing back, we might know if it can hold this key support within a week.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
SOL/USDTThere is a breakout of the January low + complete filling of the daily FVG. Growth targets:
Target 1 = 220
Target 2 = 244
Target 3 = 271
Solana Breaks Key Support Level: Is It Time to Sell...?Solana has recently broken through the critical support level of $180 on the daily timeframe, signaling potential further downside. Traders are now faced with whether to take a short position immediately or wait for a retest of the broken support.
For those looking to enter a short trade, the ideal entry zone lies between the $170 and $180 range. With this strategy, it’s recommended to place a stop-loss at $190 to limit potential losses. The primary target for this short trade would be the next major support level around $120, offering a substantial downside potential.
As with any trading decision, caution is advised. Waiting for a retest could offer a better risk-to-reward ratio while entering now, allowing you to capitalize on the initial drop. Stay alert to market movements and adjust your strategy accordingly.
