$SOL at major resistance, bottom is in?CRYPTOCAP:SOL  bottom appears to have printed a text book ABC correction for wave 2 ending with a swing below the daily 200EMA and S1 pivot, front running the Fibonacci golden pocket.
However, Solana is at major resistance now and being rejected. RSI did not have bullish divergence or reach oversold so traders should be cautious.
Its holding up much better than most alt coins after Friday...
A bottom may be found at daily 200EMA and wave 3 may begin...
Safe trading
Solana
Solana Fails To Hold Above $200 Amid $500 Million SOL SellingSolana’s price currently stands at $192, holding just above a key support level at the same mark. The altcoin recently dipped after failing to secure a foothold above $200, but resilience at this level remains a positive sign.
Given the current on-chain dynamics, SOL may soon reverse its recent losses. A successful breakout above $200 and $205 could pave the way toward $213, signaling renewed bullish momentum.
However, if selling continues to dominate and confidence remains weak, Solana’s price could fall to $183. Such a decline would invalidate the bullish outlook and deepen the short-term downtrend.
SOL - Buying the Retest Like a Sniper!SOL remains overall bullish , trading within a clean ascending channel and currently retesting the support zone that has acted as both resistance and support in the past.
This zone also aligns perfectly with the lower blue trendline, creating a strong area of confluence.
As long as this intersection holds, SOL is likely to rebound from here. I’ll be looking for bullish rejections or reversal patterns around the current zone to enter long positions, aiming for the next resistance levels near $230 and $260.
However, if the price breaks below the support zone, we could see a deeper correction before buyers regain control.
 ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Where does the price find a bottom?  I can see a few patterns in a weekly chart. 
1) The price is moving inside the blue descending wedge pattern.  
2) The price is moving inside the orange ascending wedge pattern.  
3) Green descending support/resistance line is the line that completes a huge cup and handle pattern.  
What do you think?   I would like to know what others see.  
Have a nice weekend.
Another Friday crush?? Price action is extremely bearish.   I can see the same price action of the last Friday is unfolding in 1H chart.     
When I analyse a chart, I use trendl ines, Fib retracement, EMAs, and momentum indicators.    But when the action is so volatile and  I feel like I no longer know what the hell is going on,  I remove all the indicators and look for clear liquidity zone in higher time frames: Where did the price move up too quickly and left unfilled buy orders, and when did the price drop too quickly and left unfilled well orders?   
The problem of Solana is the price has moved down and moved up way to fast at the end of last bull cycle and in the beginning of this bull cycle.   
Solana price fell from $250 to $82 in two months at the end of 2021.  And after the bull trap in March 2023, the price again fell rapidly from $140 to $36 in two months.    After the spectacular fall, Solana spent 16 months basing between 8 and 46 for 16 months.   However, when it started to move up in October, it went up too quickly again.  It moved from $22 to $200 in 6 months.      
The past 18months, Solana spent most of the time in the range bound between  $126 and $260, satisfying both buying and selling demands.   The price can eventually go up, but I see lots of downwards pressures in every time frame:   
Monthly: 
Large unmitigated fair value gap between $45 and $80.  
Price is trapped inside the descending wedge pattern.  It is a bullish pattern.   However, if the price does not break and close above the descending resistance line, the price is likely to move to the downside. 
Momentum indicators are also in the bull zone.  However, RSI and MACD are starting to move to the downside.  It makes me think the price correction is happening.  It is a monthly chart, so it won't resolve quickly.
Weekly:
I can see a diamond pattern.  The price is trapped in the shape of the diamond.   It is usually a bearish pattern.   
The price was moving up strongly along the ascending support line (purple line).   However, the last Friday's crush went down to sweep the liquidity (orange rectangular box) and I can see two more fair value gaps sitting below it. 
All weekly momentum indicators are still in the bull zone, however, RSI lines and Stochastic lines are now crossed to the downside.  MACD lines are very close to cross as well.  
Daily:
The price is still above EMA 200 and also above the support line, however, EMA 55 is about to cross over EMA 12 and 21.  Yesterday's candle retested EMA 12/21/55 and closed below it.   
 
MACD are deeply in the bear zone and has no sign of recovery.
RSI and Stochastics are reset to move to the downside.  
1H:
EMA12/21/55/200 are perfectly lined up for the bear move. 
Before last Friday's crush,  the price held above $217 for a few days, but it eventually capitulated.  I can see the same set up unfolding.   And it is Friday again.   
There is an unmitigated fair value gap in the $212-218 zone (immediate one) , so the price can move up there to fake out and move down.     I have no idea what the market will do.  I can see in a daily chart the price is moving inside the descending parallel channel.  So if the price can hold above the purple ascending trend line, it might recover from there.     
It is a very difficult market.  When you have a strong bias, you will always find what you want to see.    I have to pay attention to what the price is doing and hopefully react to it correctly.   
Good luck. 
SOL — From Panic to PrecisionLast week, we witnessed a sharp, market-wide crash, a chain reaction of liquidations that flushed out overleveraged long positions. While many altcoins saw 60–90% drawdowns, the majors held relatively firm.
Among them, SOL stood out as one of the most technically precise. Price perfectly tapped the 1.1 trend-based Fib extension, in confluence with the yearly level, the 21 monthly SMA and the 0.666 retracement, providing a high probability long setup.
After that bounce, SOL revisited the lows, approaching the yearly level near $170, which remains the key structural support for maintaining bullish momentum. The support zone between $175–$170 aligns with the 21 EMA/SMA on the monthly timeframe, which currently spans $158–$170 → forming a strong macro confluence cluster that’s critical to hold.
From there, price unfolded into a clean 5-wave impulsive structure, topping within a dense resistance zone between $208–$212, reinforced by:
 
 mOpen at $208.68
 21 EMA/SMA (Daily TF) between $211–$212
 0.618 Fibonacci retracement at $211.43
 
This area offered the perfect low-risk short entry.
Currently, SOL appears to be forming an ABC corrective pattern, likely targeting a move back into the $190–$185 range to fill imbalances and complete wave C. As another key element, the yearly open at $189.31 sits mid-range between resistance and support → a critical pivot level. That’s the region I’ll be monitoring for long setups.
 🔍 Indicators used 
 
 DriftLine — Pivot Open Zones   → For identifying key yearly/monthly/weekly/daily opens that act as major S/R reference points
 Multi Timeframe 8x MA Support Resistance Zones   → to identify support and resistance zones such as the monthly 21 EMA/SMA.
 
➡️ Available for free. You can find it on my profile under “Scripts” and apply it directly to your charts for extra confluence when planning your trades.
_________________________________
 💬 If you found this helpful, drop a like and comment!
Long I opened a long position for a swing trade this morning.   
A daily candle is still below EMA 12/21/55 and has not broken above the descending resistance line, however, I see a lot of bullish signs in the chart.  I am cautiously optimistic, however, the bull is not in full control yet.    
Daily:
Stochastic formed a clear positive divergence and is no in the bull zone.
RSI lines are trapped inside the descending triangle.  The momentum is clearly building up and I am anticipating it to break to the upside given RSI line is starting to move to the upside and slow 
MA (orange) line is also starting to tilt to the upside. 
MACD lines are still in the bear zone, however, histogram shows the bearish momentum is weakening. 
A daily candle is still below EMA 12/21/55,  however,  the price strongly held above the previous higher low at $190 (blue horizontal line) .
A daily candle is also above EMA200, two major support lines (purple and orange lines).
4H: 
All three momentum indicators are in the bull zone now.  
The price moved to the purple support line, moved up, retraced to retest Fib 0.382 level.   
The price is above both EMA 12 and 21.  
Trade plan:
Entry price: $202
S/L: $189
Target : $223 
Another dip coming?  Buy the strength, insteadThe current price action is very similar to that in May/June 2025 (see yellow rectangular box in the charts).  
 In May, the price started to finally recover from April's bottom.   It started to move above the major support/resistance line (purple line in the chart) that was forming a massive cup and handle pattern, but it ende up to be  a fake out and the price started to move to the downside again.   The real recovery started after the price dropped to the unmitigated fair value gap (blue rectangular box).   I am seeing a very similar set up in the current price action.  
On last Friday, the price aggressively dropped to the same major support/resistance line (purple line) .  The price held that level and spectacularly bounced up on weekend.   It was the great buy the dip opportunity, but I had a feeling that there would be another deeper dip to follow.   
The reason for that is that higher time momentum indicators were incredibly bearish and it didn't give me any sense of  a V-shape recovery.   Also a skeptical side of me makes me think that when there is such a clear bounce at the key area, it becomes so obvious where people place S/L  (just under Friday's wick).    If I were a market maker, I would definitely try to push the price down to take all the liquidity out.   
What I am seeing in the charts: 
Daily:
Both RSI and MACD are in the bear zone and pointing to the downside.  
Stochastic indicator formed positive divergence, but Stochastic is more reactive and when the direction of the stochastic is contradicting RSI and MACD, it is almost always a corrective move.  
EMA200 is cutting across three candles.  When EMA200 is dead horizontal and sitting on the candles, EMA200 works  like a magnet.  The price tends to oscillate until strong momentum builds up to push the price to one direction.  
4H: 
When you see the price in the 4H chart, it bounced up to Fib 0.618 level and EMA 200 (proper pull back) and now it is starting to move to the downside.  
But the most important thing is that there is a cluster of unmitigated fair value gap in the $135-$155 zone (orange rectangular block).   It takes a lot for the price to move to that level, however, yesterday's daily candle in both SP500 and Nasdaq is trapped inside Friday's massive bear candle.   If traditional market starts to break down, Solana will definitely fall further.
Stochastics formed negative divergence and started to roll to the downside.
MACD is still in the best zone and starting to lose bullish momentum.  
RSI slow MA line is still in the bear zone and RSI line is already rolling to the downside.  
Conclusions:
It is not a bad zone to nibble, but definitely not the time to open a leveraged position!!   
It is better to miss the absolutely bottom and buy the strength.      
Good luck !  
Support around 212.91 is crucial
Hello, fellow traders.
By "Following," you'll always get the latest information quickly. Have a great day today.
-------------------------------------
(SOLUSDT 1W Chart)
The chart may look complicated due to the drawn lines, but the key is whether the price can rise above the boxed area.
In other words, whether the price can rise above the 179.53-237.60 range and maintain its upward momentum is crucial.
-
(1D Chart)
The HA-Low indicator on the 1D chart is showing signs of forming at the 212.91 level.
Therefore, if support is confirmed around 212.91, it would be a good time to buy.
However, the HA-High ~ DOM (60) range has formed in the 236.88-237.60 range, so we need to see if it can break above this range.
If the upward breakout fails, it's time for a partial sell-off.
-
To continue the uptrend by breaking above a key zone or point,
1. The StochRSI indicator must be trending upward. If possible, it should be below the overbought level.
2. The On-By-Value (OBV) indicator must be trending upward. If possible, it should remain above the High Line.
3. The TC (Trend Check) indicator must be trending upward. If possible, it should remain above the 0 level.
If the above conditions are met, the uptrend is likely to continue.
-
Thank you for reading to the end.
I wish you successful trading.
--------------------------------------------------
SOLANA Buying Opportunity Solana has established support at the daily trendline and successfully closed above the key daily resistance level at $191.32. The daily RSI is also indicating a potential buying opportunity, suggesting renewed bullish momentum. If this upward trend continues, the next potential target for Solana is around $250.
The second attempt to complete a massive cup and handle ?Solana is forming a massive cup and handle in the daily chart.   In early November, Solana finally broke above the resistance line and (temporarily) completed the cup and handle pattern.    
It is only the speculation, but if we did not have the US tariff drama, Solana (and the rest of the market) would have started a strong bull cycle.   
In August 2025, the price finally broke above the resistance line again.  It looked like the price was going to finally start to move to the upside.  Then, we experienced another crypto bloodbath due to the US-China tariff issue last Friday.   I have no idea how the next few weeks will unfold, but at this stage, the price managed to stay above the support line and it is recovering.  
I already hold Solana positive for long term investment, but I intend to open a swing trade position when: 
1. Daily RSI lines cross to the upside and break above the descending resistance line. 
2. Stochastic move to the 50 zone.
3. MACD lines can stay in the bear zone, but the lines needs to cross and tilt to the upside.  
Too Early to Buy Solana? Watch the $200–210 ZoneAs mentioned in my general crypto post yesterday, I remain bullish on the broader market and still hold some altcoins at this stage.
However, that doesn’t mean we should jump in blindly, assuming this is it. 
Every setup needs confirmation — and Solana is no exception.
At the time of writing, SOL/USD is trading close to my initial entry area, but price action deserves a closer look.
 1. What Happened on Friday 
The general market sell-off pushed Solana below both a key horizontal support and the lower boundary of its rising channel — a clear bearish technical signal.
After that, we saw a strong recovery into the weekend, with price touching the psychological $200 level overnight before facing some resistance.
 2. Current Market Structure 
Despite the bounce, the structure remains bearish for now.
A clean stabilization and acceptance above the $200–210 zone would be the first technical sign of a potential trend shift to the upside.
 3. Trading Plan 
If you’re considering a long position on Solana, I believe it’s too early to enter.
The market looks overconfident in recovery, and when everyone assumes “the bottom is in,” that’s often when a new drop comes.
Wait for confirmation!
BTC/USD | BTC Crashes to $102K, Then Bounces Back – Still UnstabBy analyzing the Bitcoin (BTC) chart on the 12-hour timeframe, we can see that last night, following Trump’s tweet, the market faced a sharp sell-off, with BTC dropping all the way down to $102,000. After hitting this key demand zone, Bitcoin bounced back strongly, rallying up to $115,000, and is now trading around $110,000.
However, BTC still looks unstable, struggling to hold steady — to continue its bullish trend, it must stay above $110K. If it fails to hold this level, we could see the price dip below $100K again. This analysis will be updated soon as the market develops.
 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
LTC/USDT | Litecoin’s 30% Rise Marks the Start of a Bigger Move!By analyzing the Litecoin (LTC) chart on the weekly (logarithmic) timeframe, we can see that the price started rising from around $115 after the last analysis and has now reached $133, marking a solid gain of over 30% so far!
If the current momentum continues, we could see Litecoin moving even higher. The next bullish targets are $155, $200, and $268.
 Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
What's up with Solana?As we can see, Solana is currently sitting at a resistance level and has managed to hold up well there. In addition, the uptrend has not been broken, since the candle closed back above the potential trend break.
The long wicks we’ve seen across several cryptocurrencies occurred because many trading algorithms on crypto exchanges were not designed to handle such situations properly. These algorithms often compare prices, demand, and supply across different exchanges to determine fair pricing.
For example, if $1 billion were to flow into Solana in a single day, it would have a much larger price impact than $100 million per day over ten days. That’s why traders should always wait for candle closures before making decisions.
The recent crash was triggered by an announcement from Donald Trump, which wasn’t directly related to cryptocurrencies themselves. The broader uptrend remains intact and continues.
Given the current uncertainty, prices are moving sideways. I would consider buying Solana around the $180 level or below, as that still represents a good entry price for this asset. If we soon see rate cuts and the U.S. dollar weakens further under Trump, more investors are likely to move into alternative assets such as cryptocurrencies and Solana remains one of the leading projects in that space.
TradeCityPro | SOL: Market Calms After Sharp Move & RSI Support👋 Welcome to TradeCityPro!
Let’s analyze SOL, one of the most popular Ethereum killers with a market cap of $99.9 billion, currently ranking 6th on CoinMarketCap.
⏳ 4-Hour Timeframe
In the previous analysis, we had a Maker Buyer zone around $235. In that analysis, I mentioned that breaking this zone would be an early trigger for breaking $248.58.
🔍 However, the price never managed to sustain above this level, and after getting rejected from this zone, the price entered a corrective phase, forming a support at $218.13.
📊 After the price bounced from $218.13 for the first time, it failed to set a new high in line with previous highs and instead formed a lower high. The price returned to $218.13 again.
✔️ With the breakout of this level, coinciding with news between China and the U.S., the price started a sharp downward move, breaking through the $213.14 support.
✨ Over the course of 2-3 candles, SOL made a sharp move towards the first Maker Buyer zone, breaking it and reaching the second Maker Buyer zone.
💫 Naturally, there was a significant increase in selling volume during this move, and RSI dropped to 16, where it found support.
🧩 Currently, the market seems to have calmed down, with RSI still in the Oversell zone, but volatility has significantly decreased.
💡 Although the market has calmed, I believe the price needs to build a more structured setup before finding valid triggers, and the market conditions are not ideal for opening positions right now.
💥 So, for now, I won’t provide any triggers on this coin and will wait for more structure to form before making a better decision to open a position.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Solana Scenarios for the monthMonthly Scenarios
Bullish Scenario
SOL holds support in the $180-$184 range and breaks above $184-$190.
This will provide impetus to targets in the $230-$300+ range, especially if the market turns out favorable and there is positive news regarding SOL/ETF/on-chain activity.
Consolidation/Sideways
The price may remain stuck in the $180-$190 range without a clear direction, especially with light volume.
In this scenario, it is important to monitor reactions at the range boundaries.
Bearish Scenario
If SOL breaks below $180-$184 with volume, a decline to the lower support level of $143-$153 or even lower is possible.
Such a correction could serve as a "normalization" after a significant rise.
✅ Conclusion
The current monthly trend for SOL appears generally bullish, with strong potential for continued growth upon a breakout of resistance.
But the key area to watch is the $184–190 zone: if there's a breakout with volume, we expect an upward acceleration.
The $180 and especially $153–143 support zones are areas to monitor for trend stability.
The CoinCodex forecast (~3-5%) suggests moderate growth, but with the potential for strong momentum under favorable conditions.
DO NOT BUY THE DIP!    Watch what Nasdaq is doing. My overall bias for Solana is bullish, but right now the trend is very bearish.   I don't think it is the time to buy the dip and I think more aggressive downside move is possible.  
I have listed the reasons for my views below:
Nasdaq chart:
1) The correlation between Bitcoin and Nasdaq has been very high.      Nasdaq has been going up since April 2025 without any decent correction and this week's candle finally formed a clear bearish engulfing candle. 
2) Daily RSI and Stochastic have formed clear negative divergence and they are rolling to the downside. 
Bitcoin chart:
1) RSI in both monthly and weekly charts show clear negative divergence.  
2) The price failed to break above the major ascending resistance line and started to drop aggressively.
Solana chart:
Solana follows Bitcoin and Solana's move is much more aggressive than that of Bitcoin.   Based on the moves of Nasdaq and Bitcoin,  I am anticipating Solana will continue to drop further.  Temporary recovery might be possible but I need to wait and see how Nasdaq moves this week.  
Solana weekly chart: 
The price is moving inside the parallel channel for the last 5 years.    
The price started to move in Oct 2023 and reached $204 at Fib 0.786 level in March 2024.  However, since then the price has been basically moving sideways.    
 
I have been using the three ascending trend lines in the weekly chart along with momentum indicators as rough guides to understand the price action.
The price moved up to the top of the green trend line, failed to break above and now is heading down to the purple trend line.   
 
RSI also rolled to the downside.  Stochastic formed negative divergence.  
Solana daily chart: 
Friday's daily candle formed a massive bottom wick. (see the yellow rectangular box in the daily chart).   
In regard to a long wick, I found on many occasions if the price doesn't immediately start to move above the closing price in the following day, the length of the wick becomes the range where the price oscillates for a while and often it moves further to the downside.     Therefore, I am closely watching the price move in shorter time frames such as 15 min and 1H.   
Conclusions: 
Given all the positive developments happening in the Solana ecosystem, it is very hard to accept the current price action.   However, as a technical trader, I need to respect what the price is telling me and it is clearly bearish.    I am not shorting Solana: I am waiting for the signs of recovery.   
Three blue rectangular boxes in the weekly chart are unmitigated fair value gaps and I have set the buy orders in these zones.     It is difficult to think the price will come down to the bottom blue box, however, if there is a massive capitulation event, it is possible for the price to wick down to that level.  
I hope you are all doing well.  It is a challenging market.   
SOLANA – Last Line of Defense🚨  CRYPTO:SOLUSD   has completed a 3-wave corrective pullback, testing the April trendline and reaching the equal legs support zone at $175–$160. This area is acting as a potential launchpad for a bounce through the rest of the month.
💥 Can SOL break into new highs, or will this bounce form a lower high, signaling a possible trend reversal?
SOLANA Outlook after the Dip. What to expect NOW? has broken below its ascending channel support near $190, signaling short-term weakness. If buyers fail to reclaim this level, price could test the $150–$160 demand zone. A strong rebound from that area might restart the uptrend toward $220–$240.
 The price can easily reach the shown targets from here.
Best regards CobraVanguard.💚
Solana Faces Bearish Pressure Below $190 SupportHi everyone!
Solana appears to be forming a double top pattern near the $250 zone, signaling potential bearish momentum. After failing to sustain above the upper channel resistance, the price broke below the midline support, confirming short-term weakness.
Currently, SOL is retesting the neckline area around $190. If it fails to reclaim this level, further downside is likely. The next key support zones lie around $165 and $147, aligning with the previous structure and the lower channel boundary.
A clean break below $165 would likely accelerate the move toward $147, confirming a deeper correction within the broader ascending channel.
Bias: Bearish below $190 
potential targets at $165 → $147.
DO NOT BUY THE DIP!!  It can go lower.  My overall bias for Solana is bullish, but I must say it has been very frustrating asset to hold and trade for the last 18 months.  
There are a lot of positive news coming up in the Solana ecosystem and the value of Solana should be much higher than the current price.  However,  the current chart set up is very bearish and I think it can potentially go lower.  I will happily revise my view when the situation changes but I won't be buying the dip for the reasons below:
Weekly:
Stochastic indicator has formed a very clear negative divergence. 
RSI lines have crossed to the downside and breached below the ascending trendline. 
MACD histogram is losing bullish momentum and lines are about to cross (not confirmed)
The price has failed to go above not only the previous higher high, but also the previous cycle's all time high.  
The price has breached below the ascending trendline, EMA 12 and EMA 21. (no confirmed until the end of tomorrow)
There is an unmitigated fair value gap (order block?) around  $100 and $123 area  (see light blue rectangular block).  That is the April low when the market started to have a V-shape recovery.   
I have been hearing over and over in the mainstream media that  at the market bottom in April 2025, retail investors went in and bought the dip, but institutional players missed the rally by  staying on the sideline.   I am just wondering if big players are trying to push the price to the level where they were initially left behind.  It is just my speculation, but the price is getting closer to that level. 
Daily: 
A daily candle closed below EMA55 and is now hovering over EMA200.
The price broke below the first ascending trendline (red line) and now moving toward the second one (black one)
All three momentum indicators have decisively entered the bear zone.  
Conclusions:
I will only focus on daily and weekly charts for now.     I have been watching the price move in the lower time frames and the price is refusing to go above yesterday's closing price, which makes me think there are lots of selling pressures still.  
Good luck, everyone.  I hope you are doing ok in this wild market.  






















