Getting close to go long!
Solana bullish momentum is building up from both technical and fundamental perspectives.
Daily chart:
1) A daily candle decisively moved and closed above EMA21 on Sat 28th June.
2) RSI and MACD are still in the bear zone but the lines are crossed and now moving upwards.
3) RSI line is now above 50. When the RSI line moves above 50 and EMA21 closes above 21 at the same time, it is often (not always) an early sign of bullish momentum (see blue vertical lines in daily chart).
4H chart:
1) EMA21>EMA55, but EMA200 is still moving horizontally.
2) All momentum indicators have entered the bull territory. However, when the candle finally broke outside the descending parallel channel and broke and closed above EMA200, momentum indicators reached the overbought territory. It means the price is likely to consolidate first before taking off.
I plan to open a long position when:
1) Wait for the momentum indicators to come down and flip to the upside in the 4H chart.
2) A candle to retest, either EMA 21, 55 and/or 200 and forms a strong green (bullish) candle in the 4H chart.
3) A candle stays above EMA 21 in the 4H chart.
SOLVVS_80FDCC.USD trade ideas
SOL Ready To Breakout?SOL had a decent move this weekend overcoming descending resistance and now testing as support.
Price appears to have a completed a wave (2) at the .618 Fibonacci retracement and S1 daily pivot and a larger degree wave 2 at the channel bottom, High Volume Node support and .618 Fibonacci retracement.
If a wave (3) of 3 is underway then we should expect a strong move sooner rather than later with an initial target of the swing high resistance a/ R2 daily pivot $208-$216 range
Safe trading.
Solana Heading to 112 or 330+Hey fam
So for Solana if we hold under 148 then a drive down to 112 makes sense. However if we drive above 148 then we can possibly hit weekly targets of 330
Make sure you adjust accordingly in a smaller time frame to ensure your in the right move
Happy tradings folks
Kris Mindbloome Exchange
Trade Smarter Live Better
Under 148 we go to 112 if we break 148 we can see a drive up to 338
SOL/USDT - Visible double top formationAfter hitting the projected reversal zone near 144–145, SOL/USDT has now formed a clean double top, reinforcing the bearish thesis initially outlined by the harmonic pattern. The second peak failed to break the macro descending trendline, and the price is now trading back below the 100% Fibonacci retracement of the XA leg.
This double top adds structural confirmation to the harmonic C-point rejection:
Volume remained lower on the second peak
RSI on the 30m chart printed a lower high while price matched previous highs — a textbook bearish divergence
PVT continues to flatten despite price volatility, suggesting a lack of bullish conviction
Price is now slipping below 143, and bearish momentum is building.
SOL/USDT – Bearish Harmonic Completion Near 144–145The 2H chart shows an extended X‑A‑B‑C‑D harmonic structure (an extended Bat/ABCD). Leg XA was the initial down-leg (from the recent swing high down to A), AB was a corrective pullback, and BC retraces sharply into the 88.6–100% zone of XA (around $144–$145). In a classic Bat/ABCD, the CD leg often completes near an 88.6% retracement of XA, so this C zone is a potential reversal point (PRZ). Importantly, C also sits on the chart’s long-term red descending trendline – a confluence of fib and trendline. A break below this level would “validate the bearish harmonic pattern,” with the downtrend line amplifying selling pressure. The projected D-point is ~$122.63 (late June/early July), which coincides with the lower green channel support on the chart.
Harmonic pattern (2H SOL/USDT): XA and AB moves set up a deep BC up into the 88.6–100% fib zone (around $144–145) at C. This confluence of fib levels and the macro descending trendline makes C a strong Potential Reversal Zone (PRZ). The CD leg targets ~122.63, aligning with lower channel support (green). Across timeframes the momentum is waning into point C. RSI is rolling over – price made a lower high while RSI failed to confirm (a classic bearish divergence). Meanwhile, the PVT (Price Volume Trend) line has flattened even as price crept higher, indicating the rally is not supported by volume.
Volume patterns also signal distribution: rallies into C have occurred on declining volume, a textbook sign that buying interest is drying up. Wyckoff distribution theory notes that as a top forms, “rallies during this stage often show lower volume” and ensuing drops on higher volume. In short, weakening RSI, a flat PVT, and thinning volume all confirm the selling pressure around $144–$145, consistent with a bearish reversal at C. Momentum and volume (15m SOL/USDT): RSI has peaked lower while price nears $145, and PVT has flattened (highlighted). Rallies into C come on lower volume, matching Wyckoff distribution cues. These divergences suggest the upward move into C is exhausted.
Trade Plan & Risk Management
Entry: Short initiated at $145.00 (near the PRZ around C).
Stop Loss: $146.20 (just above the red trendline and invalidation of point C).
Take Profit Targets:
TP1 : $129.00 (minor fib support, ~61.8% retrace of the last swing).
TP2: $122.63 (harmonic D projection and channel support).
TP3: $120.00 (extension to lower channel boundary).
Confirmation: Watch for a break of the short-term support at ~$139.50 for added conviction before letting profits run.
Note: A short position was opened at $145. This outline is for informational purposes – it is not financial advice. Trade with proper risk management.
Each target corresponds to technical levels (fib retracements and channel support). The first target aligns with a ~61.8% retracement (common fib TP level), and the final targets sit on the longer-term channel floor. If price breaks under $139.50, it would further confirm the bearish thesis.
Possible retest of 130$ support line incomingLooking at the downtrend (shown in orange) the 130$ support line will probably be retested again. When we hold the same support line, we can expect another retest of 146$. Hopefully with a good result 🚀! Anyway, I am buying some more if this will happen (going long from 130$) because there was enough volume at that level.
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#SOLANA - Pivot Point is $154.20Date: 16-06-2025
#Solana Current Price: 156.37
Pivot Point: 154.20 Support: 150.28 Resistance: 158.15
#Solana Upside Targets:
Target 1: 162.49
Target 2: 166.84
Target 3: 171.58
Target 4: 176.32
#Solana Downside Targets:
Target 1: 145.92
Target 2: 141.56
Target 3: 136.82
Target 4: 132.08
SOLUSD – Reversal Ignition ZoneSOL printed a textbook reversal. After getting slammed down to $126, it found strong support and printed a clean stair-step rise back into $134. Momentum is solid, and higher lows are stacking. The $132.50–$133.00 region now acts as demand. If price pulls back slightly and holds, expect a measured move toward $135.50–$136.50.
Solana Next Buying Zone on WatchCRYPTO:SOLUSD is correcting the 5 waves advance from April low within a 3 waves ZigZag structure and as price slipped to a new marginal low beneath last week’s support, signaling potential weakness toward equal legs area$122 - $111 before buyers look to step in again.
Keeping an eye on reactions in this zone—could set up for a bullish reversal once demand kicks in!
Do not try to buy the dip!!!! It can go lower. My overall bias for Solana is bullish based on its fundamentals. I am a solana investor so I have been accumulating Sol and staking them. I think the price will eventually move up but at this stage I don't see anything bullish in the Solana chart. It is certainly not the buy the dip moment because I can see the price can go much lower from here. (and I can be gladly wrong on this!).
Bearish setups I see in the chart:
1) The $140.50 zone had been working as a support line since April 2025 (red horizontal line in the chart), but the price decisively broke and closed below the zone on Friday.
2) The price has been trapped in the descending parallel channel since early May. Now the price broke below the support line, it might drop further to touch the bottom parallel channel.
3) There is an unmitigated fair value gap (not very strong one) around $125-6 area and the area also was working as a strong support line for several months last year (see blue horizontal line in the chart)
4) There is a large order block at $104 zone. If the downside move is aggressive, it can wick down to this level.
5) The price is below all EMAs.6) EMA 9<14<21<55<200 - Bearish
7) MACD and RSI are deep in the bear zone and they are pointing to the downside.
8) There is a big fair value gap in the weekly chart in the $95 area.
I don't like to go short on the asset I am fundamentally bullish on, so I will just stay on the sideline and observe how the price will unfold in the next few months.
Wait for SOLSOL has been attempting to break through its current all-time high.
At present, price action is pulling back and may soon retest the long-term support trendline.
It’s best to patiently wait for SOL to reach the identified buy zone, as outlined in the chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
SOLANA Eyes Recovery After Retesting Monthly LowFenzoFx—Currently, SOL/USD trades at approximately $148.37, testing the previous monthly low, which aligns with a bullish fair value gap and is backed by a high-volume node area.
A close and stabilization above $149.3 can spark the uptrend. In this scenario, the next bullish target could be the $168.38 resistance.
Daily EMA 55 needs to move above EMA 200!!
My general bias for Solana is bullish. However, the current setup is very similar to the setup in Feb-Apr 2022 before Solana started a macro bear trend. (see blue rectangular box)
I am still waiting for a long trade opportunity. I am not looking for a short trade. I just need to sit tight and see how the price is going to unfold in the next few months in the daily chart.
The 2022 setup (see blue rectangular box in the chart):
1) EMA55 crossed below EMA 200 on 16th Feb 2022. (red vertical line in the chart)
2)The price found the temporary floor around $80 and sharply moved above both EMA55 and
200. (see light blue rectangular box)
3) It was the dead cat bounce. It was the beginning of the macro down trend.
4)The price spent months and months under $40 in 22 and 23, however, the price eventually
broke above both EMA 55 and 200 and when EMA55 crossed above EMA 200 in Oct
2023 (red vertical line in the chart), the macro bull trend started.
The current setup (see orange rectangular box in the chart):
1) EMA 55 crossed below EMA 200 on the 4th March 2025.
2) The price moved down to $95 area and sharply moved above both EMA 55 and EMA200. However, it failed to stay above them.
3) The price has been oscillating between $140 and $18. The price is still below EMA55 and EMA200. (see orange rectangular block)
In order to start a strong bull trend,
1) the price needs to close and stay above EMA 55 and EMA200.
2) EMA 55 needs to cross and stay above EMA 200. EMA55>EMA200
3) MACD and RSI need to enter the bull zone.
EMA55 and EMA200 do not cross easily (I mean decisively cross). It only happened three times since 2022, however, when they cross, the price moves very aggressively in one direction.
I think Solana is bullish fundamentally. I am not suggesting it is going to start the macro bear cycle. I am pointing out the price is still not showing a clear direction. From a technical analysis point of view, it might take some time before the trend forms. For now, it is only testing my patience!