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SOLANA / KeyOfLife - Multichain Store Of Value

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SOL: Eyeing $220 Breakout🔥 FinCaesar's Strategy: 🩸 Long: Above $220, targeting $230 and $250. SOL is currently trading above the 200-day EMA (around $180), indicating a healthy uptrend. The MACD has turned positive, suggesting growing bullish momentum, especially if buying volume remains strong. 🩸 Short: Below $200, aiming for $180 and $170. A decisive move under $200 may signal a deeper retracement toward the 200-day EMA or lower, particularly if the MACD begins to weaken. 🔥 FinCaesar’s Commands: 🩸 Resistance: $220 — A breakout could confirm continuation to higher levels. 🩸 Support: $200 — Losing this level increases the likelihood of a sharper pullback. Solana has recovered from its recent lows and is showing signs of renewed buying pressure. With price action hovering just under a key resistance zone near $220, bullish traders will look for a confirmed breakout to target $230 or beyond. However, a failure to break above could allow sellers to reassert control, potentially driving the price back to the $200 support level or lower. 👑 "Fortune follows those who can see the trend before it unfolds." — FinCaesar
CRYPTO:SOLUSD
by FinCaesar
The Case for Shorting SOLUSDT: Key ObservationsRecently, SOLUSDT has shown an impressive 28% recovery within just five days, but this level of volatility might signal a perfect setup for a short position. After analyzing the current conditions, here’s why I believe it’s time to consider shorting SOL: 1. High Volatility Signals Instability While a 28% recovery in just five days may seem like a bullish sign, such rapid movements often indicate market instability rather than sustainable growth. Volatility on this scale can quickly lead to corrections, as prices struggle to find support at higher levels. 2. Weak Trading Volumes Despite the sharp recovery, trading volumes remain weak. This suggests that the rally is not backed by strong buying momentum, which is critical for sustaining upward trends. Without sufficient volume, the market may struggle to push through key resistance levels. 3. Moving Averages (MA) Passed All key moving averages (MAs) have been surpassed during this recovery, but this doesn’t necessarily indicate strength. In many cases, sharp upward movements beyond MAs can lead to overextension, creating a natural pullback as traders take profits. 4. Upper Bollinger Band Breach The price has reached the upper Bollinger Band, a common indicator of overbought conditions. This typically signals limited upside potential and increases the likelihood of a pullback or correction. 5. Previous High Acting as Resistance The current price is testing a significant resistance level—the previous high. Historically, such levels act as strong barriers, especially in the absence of sufficient volume or momentum to break through. This resistance further strengthens the case for a potential reversal. Duration: This is a short-term trade. Shorting crypto is inherently risky, especially with a fundamentally strong asset like this. Target: The goal is to achieve 100% profit. The entry is made on Binance with 25x leverage, using a $43.35 margin, resulting in a total position size of $1,083. Risk: This trade is classified as high risk, as shorting is always more dangerous than taking long positions. Proper risk management is essential.
BINANCE:SOLUSDShort
by UnknownUnicorn95511419
2
Solana Box Part III: The Demand for the RetestThis is Part III of the Solana BOX trade (check previously posted 2 parts about the solana box, both of which reached the targets successfully). Unlike many other coins (ETH) we are short on, SOL has shown solid strength (quick recovery during dumps) and thus we believe it is on a more negative path here. However The Box requires a retest (after all SOL did wick out of it) We show two scenarios for a potential retest, believing the orange one is more likely: i.e. a 189-190 dollar target and then head upwards from there, leaving the box forever. Let's see.
COINBASE:SOLUSDLong
by Goldsworth
Buy for investment, but not buy for tradingMy bias for Solana is extremely bullish and the current price is almost undervalued based on the fundamentals. Therefore, I bought some more Solana yesterday for investment, not trade. If you are interested in investing in Solana for the duration of this Bitcoin cycle, it is a good time to buy Solana.  But if you are interested in leverage trading,  I feel you need to wait a bit longer for the right set up to come up.  The below is my reasoning for not opening a trade: The price reached about $265 in late Nov 2024 and retraced to Fib 0.786 level and bounced up.  However, there was a big sell order sitting above $220 which is Fib 0.382/the previous week high.   I warned in my previous analysis there would be a possibility of another minor correction and that's exactly what happened.   Monday 13th Jan, along with Bitcoin, Solana showed a strong recovery off the descending  former resistance and now support line that had been developing over 10 months.   The price is now above the previous week's low, the previous month low and also above Fib 0.782.   The daily stochastic reached the oversold territory and now is rolling back up.   The 4H MACD is about to enter the bull territory.  There are definitely strong confluences that make me want to open a long position.  However,  there are a few issues that cannot be ignored  for a swing trade set up.   The most important and number one rule for me to open a trade is that MACD for a higher time frame needs to be sitting in the zone of my bias.  In short, if I want to go long in 4H time frame, the daily MACD needs to be in the bull zone (above 0).  Currently MACD is still below 0 and MACD lines are pointing downwards.  Therefore,  the bear is still in control.   I cannot trade,   Another issue is the 4H stochastics has already reached the overbought territory.  That means the bull is working but has also exhausted its strength for now.   I think Solana will start to move up strongly soon, but the price correction since Nov was quite deep.   Therefore, it will take a while for Solana to start a strong rally.  
COINBASE:SOLUSDLong
by EbonyFalcon
3
Solana (SOL): Bulls Eyeing Key Breakout Levels🔥 Solana’s Strategy: 🩸 Long: Above $191.28, targeting $212.92. Breakout above $195.38 is key for continuation. 🩸 Short: Below $183.27, aiming for $175.00. If price breaks below key support, prepare for a possible deeper decline. 🔥 Solana’s Commands: 🩸 Resistance: $195.38 — Break above this level would signal a potential continuation to the upside. 🩸 Support: $183.27 — If breached, expect a continuation to $175.00. Market Context: Solana has been consolidating and recently experienced a strong push above $190, signaling potential for further upside. However, the price remains below significant resistance levels at $195.38. If this level is broken, Solana could aim for $212.92. Watch closely for any downside risk if the support at $183.27 fails. 👑 “In a market of hesitation, the only thing that separates success from failure is action.” — FinCaesar
CRYPTO:SOLUSD
by FinCaesar
SOLUSD overview and market outlook expecting BOUNCE🔸Hello traders, today let's review 12hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, however expecting a bounce next week. 🔸Trading right now at 185 usd, strong bullish liquidity located near OBs 150/155 usd. bulls will likely take over once we trigged the liquidity order blocks below market. 🔸Recommended strategy: BUY LOW near liquidity OBs 150/155 usd, TP bulls is fresh overhead liquidity at 200/210 USD. expecting decent bounce in this market. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTO:SOLUSDLong
by ProjectSyndicate
27
SOL waiting for 180,1$I closed my TON position with a +22.5% profit a nd SOL with +39.55% profit , all within one day. This was during an extremely volatile period, making it one of the most challenging trades, as both the stock and crypto markets faced significant pushback yesterday. At one point, I saw a -100% unrealized loss, but the order setup allowed me to recover and secure profits. Currently, the market appears to be leaning downward, with bulls trying to defend key levels: BTC at $90k-$93k, SOL at $180, and TON at $5-$5.2. These levels have been tested multiple times, but liquidity ultimately dictates the game. For now, I’m staying cautious and I do not enter into a deal. However, I’m setting an order for Solana at $180 with 25x leverage and a $30 margin, assuming SOL might dip again and recover quickly.
BINANCE:SOLUSDLong
by UnknownUnicorn95511419
Solana - almost, but not ready for long yet Bitcoin bounced off the key support area very healthily in the last US session and most alt coins also showed a sign of strong recovery. I felt tempted to enter the market. It is nice to buy low, but I need to follow my own simple and basic rules.   Although it is tempting, Solana's current chart set up is not quite ready for long for me.   I use two time frames - weekly/daily and daily/4h.   My rules for long Solana: 1) MACD in the daily timeframe needs to be in the bull territory which is above 0.  The angle of MACD is not important.  It needs to be in the bull zone. 2) Stochastics (9,3,3) in the daily timeframe needs to reset and stochastics lines need to cross and start to move upwards.  It cannot be in the overbought territory.  If these two conditions are met in the higher time frame, I go to the lower time frame to start looking for an exact entry point.     3) MACD lines in the lower timeframe properly cross and enter the bullzone or cross and move upwards above the bull zone.   Green vertical lines I drew in the chart are good examples.  Currently, the daily MACD lines are in the bear territory. Not only that, the lines are pointing downwards, I can see the signal line is starting to move up and the daily stochastic has reached the overbought territory. My overall bias for Solana is definitely bullish and I am heavily investing in the asset, however, I need to wait a bit longer if I decide to add more to my portofolio.
BINANCE:SOLUSD
by EbonyFalcon