SOLUSD price was around this level almost 2 years ago. Such a shameCommunity discussions
SOLUSD price was around this level almost 2 years ago. Such a shame
SOLUSD is this heading down to 110?!
SOLUSD shitcoins are not crashing this much lolshameful days for sol
SOLUSD 162 Monday Morning
SOLUSD 🎯 TRADE SETUPENTRY ZONE: Flexible - Multiple entry opportunities available
⚡ Current Price: ~$140.94
⚡ Enter on retests of broken support or resistance rejections
🛑 STOP LOSS: $152.50
⚠️ CRITICAL NOTE: This is a reference level only. Adjust SL based on YOUR risk tolerance and trading strategy. Wait for breakout confirmation before placing stops.
🎯 TARGET: $125.00
📍 Key support zone + oversold conditions + potential liquidity trap area
💰 Risk:Reward favors downside move
🔑 KEY TECHNICAL FACTORS
Strong weekly rejection from resistance
Breaking below major moving averages
Increased selling volume
Market structure showing lower highs/lower lows
Momentum indicators bearish across timeframes
📈 CORRELATED PAIRS TO WATCH
Layer 1 Competitors (Similar Tech):
ETH/USD - Ethereum correlation (moves often align with SOL)
AVAX/USD - Avalanche (L1 competitor, risk-on/risk-off correlation)
NEAR/USD - NEAR Protocol (similar sector, follows SOL trends)
Market Leaders & Risk Indicators:
BTC/USD - Bitcoin dominance affects all altcoins including SOL
Total3 Index - Altcoin market cap (shows broader sentiment)
DXY (Dollar Index) - Inverse correlation (strong USD = weak crypto)
Sector Correlation:
When BTC weakens, SOL typically drops harder (higher beta)
SOL/BTC pair shows if SOL is underperforming Bitcoin
DeFi tokens often move with SOL ecosystem sentiment
SOLUSD Swinging up to $154, likely another drop coming midweek
SOLUSD breakout above 141
SOLUSD only buying till 225 ... hurdles 163 & 180
SOLUSD I love Solana, my friend
SOLUSD major pivot point on renko, hidden bullish divergence on weekly time frame after a major run and drop. Things are looking very solid.