SOLKOL_0717BE.USD trade ideas
SOLUSD- Has a long-term sport between 155 and 158Technical Analysis by AI
💵 Current Price & Market Context
• SOL trading around $158–$160, down about 2–3% today, still down ~14% from last week’s top near $180+.
🧭 Trend & Momentum
• RSI near 41–47 → not oversold but on the lower side.
• MACD still leaning bearish. Momentum: neutral to slightly bullish across indicators.
🛠️ Support & Resistance
• Immediate support at $160, stronger support at $154.
• Resistance at $172–$176, bigger barrier around $180–$190.
📈 Pattern Behavior
• Still holding an ascending channel, currently sitting near the lower band.
• Failed breakout at $180–$190 means that’s a hard ceiling unless broader market turns bullish.
⸻
✅ Trade Thoughts Based on This
Aspect
Bias Neutral to bearish short-term
Entry Zone Valid? Yes, $156–158 is still solid
Key Level to Watch
$154 — if breaks, downside likely
Upside Potential Target $172–176 short term
Breakout Ceiling $180+ tough without volume/sentiment
⸻
🧭 What You Should Do Now
• You’re in near $156–158 → good spot as long as $154 holds
• If price dips to $154 and bounces: still valid
• If breaks $154: prepare to cut, next support is ~$145
• If price moves above $170: momentum could take it to $176+
• Don’t chase anything. Wait for volume or bounce from support
Solana coin Long setupIn this video I go through the current price action and talk about how the 126$ target level was recently reached for a clean long entry and on the daily timeframe we printed a higher low .
I expand on my thoughts for a continuation to the upside and to retest some higher levels of resistance 180$s and time will tell if we print a higher high at the 180$s before retesting the $200 zone .
My View for SOLANA next moveMy View for SOLANA next move.
Technically, SOL has been trading within a channel for a while now, with the formation of HHs and HLs.
If fundamentals play out positively long to mid-term, we are likely to see SOLNA fall to $150 zone before another upward leg forms. This leg may rally to as high as $220.
Trade with care.
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Very Bullish!!
Solana chart looks very bullish. The price is currently dropping but I think it is a very healthy correction.
Weekly chart:
1) all momentum indicators just entered the bull zone.
2) The chart is forming higher highs.
Daily:
1) EMA55 finally crossed EMA200. The last time they crossed was October 2023 (see red vertical line in the chart) and it was the beginning of the macro bull trend.
2) Momentum indicators have reached overbought territory and crossed to the downside, however, given weekly momentum indicators have just entered the bull zone, this move is likely to be corrective action.
3) When EMA55 and EMA200 cross, the price often retraces initially to EMAs (21, 55 or 200). Once it completes the pull back, I anticipate the price to move to the previous ATH and beyond.
This is the time when high leverage trading volume increases.
Be careful not get wicked out. Focus on monthly/weekly/daily charts and ignore the noise in the lower timeframes.
Still bullish in the higher time frames Solana has been struggling to break and stay above $170-200 zone this cycle.
It has been a very difficult asset to trade, however, I can see more bullish setups than bearish setups in higher timeframe charts.
Monthly:
1) July monthly candle closed above Fib 0.618 and formed higher high higher low.
2) RSI and MACD are still in the bull zone.
3) Stochastic are in the bear zone, but they are pointing to the upside.
Weekly:
1) EMA21 is still above EMA55.
2) The current weekly candle is forming bearing engulfing candle, however, there are two more days before it closes. It is still above EMA 21.
3) RSI orange line (RSI based moving average) is moving upwards and entering the bull zone.
4) MACD is about to enter the bull zone.
5) Stochastic hasn't reached overbought territory yet.
6) The set up of these three momentum indicators is very similar to the set up in Oct 23 before Solana started a massive bull trend. (see red vertical line)
Daily:
1) EMA21>EMA55>EMA200
2) As I said in the previous articles, EMA 55 and 200 don't cross easily. But when they do, the price often pulls back significantly before it starts to move in the direction of the trend.
3) Daily candle broke below EMA21, however, the price is reacting strongly to EMA55.
4) The price is still higher high higher low.
I will wait and see if the price is going to bounce off from $143 -157 region. (see blue rectangular block).
SOLUSD H4 | Bullish bounceBased on the H4 chart analysis, the price could fall to the buy entry, which acts as a pullback support that aligns with the 50% Fibonacci retracement and the 138.2% Fibonacci extension and could bounce to the upside.
Buy entry is at 167.42, which is a pullback support that aligns with the 50% Fibonacci retracement and the 138.2% Fibonacci extension.
Stop loss is at 157.16, which is an overlap support that aligns with the 61.8% Fibonacci retracement.
Take profit is at 181.53, which is a pullback resistance.
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A PICTURE IS WORTH A THOUSAND WORDS.The two charts are only separated by name, both are working out a correlated fractal structure.
The exact position of Solana compared to the Tesla fractal is much elusive. Two possible considerations of current structure in Solana fit equally into the past trend already completed by Tesla
The two possible scenarios are indicated on the chart above,
1. If the 21st July 2025 top in Solana corresponds to the 4th April 2022 point on Tesla, the price action will favourably follow the white line.
2. If the 21st July 2025 top in Solana rather aligns with the 17th July 2022 point on Tesla, then price will likely make a minor correction and move higher as indicated by the gold line.
Please note, the year dates below the lines are not to be considered, the lines are just for illustrations only. Also note that the extent of corrections or expansions in fractals are not necessarily the same, they only share similar structural forms.
Trade safe, good luck
$SOL🚨 CRYPTOCAP:SOL Bullish Flag Forming 🚨
Solana is currently setting up a clean bullish flag pattern. We’re watching the $195 level closely a breakout above that zone could confirm a continuation to the upside.
However, confirmation is key we’ll need to see strong momentum and volume to validate the move.
👀 On the downside, there's liquidity building around $171. If price dips into that zone, we might see buyer activity spike possibly creating a new wave of volatility.
Solana Holds Firm Above VWAP and TrendlineFenzoFx—Solana remained above the ascending trendline and the monthly VWAP, currently trading sideways inside the wedge.
Critical support is at $173.3, and the market outlook remains bullish above this level. If this demand level holds, we expect Solana to resume its bullish trajectory and target the recent highs at $206.4.
SOL/USD 4H📉 Price
Current price: approximately $183–$184
We see a decline from the resistance zone around $194.56. The price has broken through support at $187.31 and is heading towards lower support at:
🔴 $183.18 – local support (being tested now),
🔴 $175.58 – key support (potential target if current support breaks).
📊 Market structure
Short-term trend: Downtrend (lower highs and lower lows after a rebound from $194.56).
Volume: Increased volume on bearish candles – confirming supply pressure.
Previous trend: Uptrend with strong momentum from July 18th to July 21st.
🔁 Technical Levels
Resistance:
🟢 USD 187.31 – last broken support, now acting as resistance.
🟢 USD 194.56 – strong resistance (tested twice).
🟢 USD 206.43 – local high, strong resistance level from higher timeframes.
Support:
🔴 USD 183.18 – currently being tested.
🔴 USD 175.58 – stronger support from lower swing highs.
📉 Stochastic RSI
Located in the oversold zone (<20) and pointing down.
No upside crossover yet → no buy signal yet.
If a reversal occurs, a technical rebound is possible.
📌 Conclusions and Scenarios
🔻 Downside scenario (more likely currently):
Breakthrough of support at $183.18 ➜ further decline to $175.58.
Potential entry into a correction of the entire upward movement from July 18-21.
🔺 Upside scenario (alternative):
Support at $183.18 held + Stoch RSI signal ➜ rebound to $187.31.
If buying volume increases, a retest of resistance at $194.56 is possible.
Opened longI opened a long position.
Ideally it is safe to wait for EMAs to line up for the bull trend (EMA21 > 55> 200) in the Daily chart. However, there are many indications that the price will start to move to the upside and the upside move might be quite aggressive. So I decided to open a long position with a small position size.
The reasons for opening a long position:
Daily:
Bull candle has closed above EMA21 for a few times.
RSI lines have crossed and entered the bull zone.
MACD lines are about to enter the bull zone.
Stochastic lines are above to cross and move up.
The price has been staying above Fib 0.236 level for about 10 days.
The price has broke and closed above the descending parallel channel.
4H:
All momentum indicators are in the bull zone.
EMA21 is above EMA 55.
The price has closed above EMA200.
The price is consolidating above the top descending parallel channel.
It is not the perfect bull trend set up, however, there are enough confluences for the price to start to move to the upside.
Entry price: $142.59 (blue horizontal line in 4H chart)
Stop Loss: $130.40 (red horizontal line in 4H chart)
Target: $195 (green horizontal line: Fib 0.5 level in Daily chart and fair value gap zone)
$178 is a strong support and resistance area, so if it starts to stall, I might take a partial profit.
Fingers crossed.
Solana Approaching Key Resistance: watch for $219Hello guys!
Solana has been trending strongly inside a rising parallel channel, recovering steadily after a significant 33% correction. The bullish momentum is clear, and the price is now approaching a key resistance zone near $219.84, which previously acted as a major turning point.
Here’s what I’m watching:
Strong uptrend within the pink channel shows controlled and healthy growth.
$219.84 is a critical decision zone. Price could:
React with a pullback before pushing higher,
Or break through it and flip the level into support for the next bullish leg.
The reaction in this zone will determine the next structure.
Whether we see a temporary correction or continuation to new highs.