Waiting for FOMCSOL tried to break out yesterday reaching $198 at the .618 trend-based fib level but failed to break higher and has since fallen to $183.
I think we'll need a new Wave 1 impulse to the .786 @ $202 which displays a fair value gap from Oct 15th, followed by a Wave 2 correction and of course Wave 3 impulse in order to say a recovery from the 9/17 rate cut dump is occurring.
According to Polymarket we're expecting a 96% chance for another 25 Bps cut on 10/29. If we get it I expect a surge upward similar to the downward action after the previous FOMC announcement. I think it'll be bullish this time unlike the last announcement which saw SOL overbought moving into it. I'm actually hoping the price stays stagnant until the rate cut to provide more momentum that day of the announcement.
Trade ideas
C Wave completeIt appears we're starting to recover to the .5 level from an extended corrective C wave early this morning (on the 15 minute interval). I think we're in for more sideways price action over the next 10 days until the next FOMC meeting / rate announcement though. It'd be nice to see an additional .5 cut to kick off alt season. I'm still on-board with the 4 yr cycle and expect alt season this quarter or early Q1 2026. I think the time frame is simply pushed out a few weeks/months due to the tariff sentiment in Q1.
Boring for bit longerNo clue what's going on since the rate cut announcement. Big dump then sideways the last 5 days. The green 5 wave move is my best guess at what's next. I can't see a long term bearish scenario with all the bullish news & sentiment. The sideways action is hella boring and makes ppl what to exit. Sideways boring action is most often bullish from my experience. It might be a couple more weeks of sideways boredom until the next Fed rate cut expected the end of October. Anything between 190 and 240 "feels" sideways. It's a wide range but we were at 240 Oct 6th just 10 days ago and currently 194. Remember SOL was at just $95 April 7th. $129 June 23rd. It'd take a major event, black swan even, to dump that hard. I think we're at the quarterly low. I'm expecting a bull but 60/40 chance is my feeling near term ( next 2 weeks). I don't expect a big move until the next Fed rate announcement. Hurry up and wait!
Long squeeze!A long squeeze currently in place this afternoon after Trump threated 100% tariffs on China. It's a BS reason to be down this hard. It's an excuse for the bears to bring the pain! It's a Friday afternoon as well when the weekend market is docile adding more fuel to the squeeze. Long's know this will be short-lived it's just a matter of when continuation will occur. If you have the dry powder this weekend is a fantastic time to buy. This is the first of a handful of 10% BTC dumps. I'm still bullish on Q4. 👊
Still bullishSolana still trying to recover from the Fed rate cut dump flipping the blue ascending channel to resistance. It's actually recovered very quickly from $190 and trying to break back up into the blue channel. Overall Bullish in my view. A break back into the blue channel then a brief retest will signal a strong move to the upper end of the blue channel. If it dips below the midway point of the yellow channel I suspect it will be brief unless we fall below $200. A dip below $200 will signal a larger dip. But, I expect a second Fed rate cut in late October to result in an equally bullish pump similar to the recent dip pushing towards $300 SOL.
Is there a Sol left in the fridge?Hi,
I've been following Solana for weeks now and it seems ready to pop. I bought the last dip around $200 and now I'm waiting for $300 . Will it stop there? Not sure. If ETFs are approved, if companies keep piling in, and with the latest release giving lightning-fast confirmation, we’ve got the perfect setup for a big run.
Right now, Solana is number 6, but I’m sure it’s aiming for number 3. Of course, that means a big increase in market cap, but with two more rate cuts on the way, there’s reason to stay optimistic.
From a technical perspective, everything looks good on the daily and weekly. The momentum is strong and consistent, and it’s moving inside the parallel channel as expected. Could it break above $300 before the end of the year? The Fib 1.618 points to around $420 , which would be a great Christmas present.
For now, I’m aiming for $275 , which matches the upper side of the channel, and I’ll be looking for a rebound on the EMA50 or the lower side of the daily channel. Exciting times for Solana. Now it’s just about waiting, which is always the hardest part of trading. Stay sharp, traders!
New ascending channel?Looking at the recent pullback after the FOMC meeting it appears SOL is forming a new ascending channel, hopefully similar to the recent ascending channel leading up to the announcement. The price (thankfully) reversed upward and found resistance at the .786 fib level then continued to a similar thing at the .618 pulling back down and flipping the .786 to support. It's looking like a healthy recovery so far to me. I'm expecting SOL to follow the new smaller ascending channel leading into October. If we see another rate cut in late October hopefully we'll see a breakout higher rather than a breakdown this time. I'm new at this game so please let me know if I'm way off!
FMOC announcement tomorrowSolana price action! We're in a strong ascending channel. Over the past 2 days it's retracted to the midway point of the channel basically in a holding pattern awaiting tomorrow's FOMC interest rate announcement. If there's no rate cut I expect the price to fall to the bottom of the blue channel, but if a rate cut is announce (like almost all analyst expect), we'll likely see a breakout upwards towards $300 maybe by the end of the day tomorrow and further gains into the weekend. I personally plan to have a long position already open in anticipation of the rate cut which is heavily favored. If no cut is announced I have my stop loss in place to limit losses. 👊
SOL PERP Breakout & Scalping Zones (Coinbase)This chart tracks real-time SOL-PERP on Coinbase with key breakout, bounce, and rejection levels for scalping and trend continuation.
Indicators: EMA 9/21, VWAP, RSI (short-term overextension), volume-based support zones.
Key levels:
Bounce zone: $195–$196
Reclaim breakout: $202.5–$205.5
Final TP target: $209+
Setup focused on short-term trading (1m–5m) with momentum confirmation.
Monitored live for real-time decision support, alert integration, and automated trade journaling.
Price tapped the origin. Now we wait for the rest to catch up.Most of the market is reacting. I’m just tracking delivery.
SOLUSDC just printed a clean raid into the 1D OB — perfectly aligned with a HVN on the volume profile. It’s not a coincidence. It’s Smart Money reloading before the next distribution cycle.
The sell-side sweep into 150.7 tagged the 0.786 retracement and the top edge of a stacked STB/OB zone. That’s where I’m already building long exposure.
Price isn’t reversing because of “support.”
It’s reversing because the inefficiency from the rally has now been filled — the FVG is complete, and the reaction confirms it.
From here, my first draw is 171.198 — the EQ of a 1D OB and a known liquidity pool. If we displace through that with conviction, I expect full expansion toward the 184.8 high.
Execution logic:
🔑 Entry: 150.7–154 zone (1D OB + STB zone + 0.786 retrace)
🎯 First TP: 171.198
🛑 Invalidation: 141.4 break and close below (full POI invalidation)
🧠 Patience if we revisit 141 — that level may serve as the final sweep before a macro move higher
I don’t trade headlines. I trade imbalance and narrative.
Precision or nothing. This is why my trades don’t miss.
Why Solana (SOL) might correct to the $75–$85 range?Let’s break down why Solana (SOL) might correct to the $75–$85 range, considering fundamental factors, news, events, technical analysis, Coinbase orders, and on-chain activity.
Fundamental Factors
Solana is a high-performance blockchain known for its speed and low fees. However, in 2024–2025, it faces several challenges that could impact its price. One of these challenges is the phenomenon of meme tokens, often referred to as the " Meme Casino ," which has become a significant part of Solana’s ecosystem.
1. Decline in DeFi, NFT, and Meme Token Activity
Solana has been widely used for DeFi and NFT projects and has established itself as the leading blockchain for meme tokens. However, in 2024–2025, these sectors are experiencing a downturn. For instance, NFT trading volume and DeFi activity on Solana have significantly dropped compared to their peak levels in 2021–2022. Interest in meme tokens like BONK, which temporarily boosted demand for SOL, may also fade due to the volatility of this market. This reduces the demand for SOL tokens for transactions within the ecosystem, putting downward pressure on the price and diminishing the token’s fundamental value.
2. Competition from Other Blockchains
Solana competes with networks like Ethereum (following the Ethereum 2.0 upgrade and the introduction of sharding), Arbitrum, Optimism, and newer players such as Sui and Aptos. These blockchains also offer high performance and low fees, potentially drawing developers and users away from Solana and reducing interest in SOL.
3. Regulatory Risks
In 2024–2025, regulators worldwide, particularly in the U.S., are tightening control over cryptocurrencies. Meme tokens, which drive a significant portion of Solana’s activity, are often associated with scams. I believe that 99.999% of meme tokens are scam coins, and this could lead to regulatory actions that harm the meme sector on Solana. Since Solana heavily relies on this sector, the price of SOL could plummet to levels like $2–$11.
4. Declining Interest in Meme Tokens on Solana
In 2023–2024, meme tokens like BONK temporarily increased Solana’s popularity and demand for SOL. However, in 2025, this hype may fade, as the meme token market is prone to sharp rises and falls. This could reduce network activity and, consequently, the price of SOL. In other words, "the music is slowly fading."
Technical Analysis
On the provided SOL/USDC chart (5-day timeframe), several key points support the idea of a correction to the $75–$85 range:
➖ Volume Profile
On the right side of the chart, the volume profile shows a significant trading volume (a thick zone) in the $75–$85 range. This indicates strong support, making it a likely area for the price to return to due to high liquidity.
➖ Trend Structure
The chart shows signs of a slowing uptrend: shorter upward impulses and increasing volatility (short candles with long wicks). This could signal a reversal or the start of a correction.
➖ Correction Target: $75–$85 Zone ("Coinbase Orders")
The $75–$85 range, marked as "Coinbase orders," is a support zone with limit buy orders. For example, on Coinbase alone, there are orders for 44,419 SOL worth $3,553,520. Similar orders may exist on other exchanges like Binance, Kraken, OKX, and others, creating a strong demand zone.
➖ Hyperliquid Liquidation Map
According to the Hyperliquid Liquidation Map, the $75–$85 range contains liquidation levels for long traders. A drop to this level could trigger a cascade of liquidations, intensifying the downward move but also attracting buyers looking for an entry point.
What Event Could Trigger a Correction?
An expected correction in Bitcoin to the $70,000–$76,000 range could act as a trigger for Solana and other cryptocurrencies to fall, as the altcoin market often follows BTC.
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I believe this will be the last corrective bounce for cryptocurrencies, synchronized with a bounce in the S&P 500. After that, I expect all markets to enter a deep decline.
🤔🤔🤔
For Solana, the $74-$110 range.For Solana, the $74-$110 range seems like a solid Spot entry point, with long-term targets of $800-$1000.
Why $74-$110? Because Coinbase has large limit buy orders set at $74 and $85 for Solana.
Waiting for the stock market and crypto market to drop.
The right moment to enter Spot is coming soon.
SolusdcSOL/USDC has successfully broken out of its downward trend and is now showing strong bullish momentum. With this breakout, we anticipate further upward movement, making it an ideal opportunity for buyers.
🔹 Entry: 195
🔹 Target 1: 205
🔹 Target 2: 217
🔹 Stop Loss: 187
A sustained move above the entry level could signal further gains, while the stop loss is strategically placed to manage risk. Trade with proper risk management and follow market movements closely
SOLUSDC - SOLANA BREAKOUT ALERT🚀🚀 SOLANA BREAKOUT ALERT! 🚀🚀
Solana (SOL) is at a breakout point! If it clears $207.43 with volume, we could see a massive rally toward $222+ and beyond!
🔹 Key Levels to Watch:
✅ Breakout Zone: $207.43 (If broken, SOL goes parabolic)
✅ Next Resistance: $222.16 (0.618 Fib – Golden Ratio)
✅ Major Target: $234.34 – $261.58
💎 Bullish Signs:
🔥 Volume increasing – Big buyers stepping in
🔥 Higher lows forming – Bullish momentum
🔥 Retesting key Fib levels – Confirmation time
📈 If SOL Holds Above $207.43 → Next Stop: $222, $234, and $260+!
⚠️ If Rejected → Pullback to $193 - $182 Possible.
💰 Ready for takeoff! Buckle up! 🚀🔥
SOL: Symmetrical Triangle—Is an Explosive Move Next?1. Key Patterns, Indicators & Elements Visible
Chart Patterns: There is a clear symmetrical‐triangle formation near the recent highs, outlined by a descending trendline (green dashed) from roughly $295 down and an ascending trendline (white dashed) from the mid‐$190s region upward.
Fibonacci Levels: Notably displayed are the 0.5 (≈$232), 0.618 (≈$217), 0.786 (≈$196), and 1.0 (≈$169) retracements, plus a 0.236 Fib (≈$265–$267) acting as overhead resistance.
ADX (+DI / −DI): The ADX is around 27, indicating a moderate trend strength; +DI is slightly above −DI, hinting at a mild bullish bias but not strongly decisive.
RSI: Hovering near 50, which suggests neutral momentum with neither strong overbought nor oversold conditions.
2. Current State of the Chart
Price is coiling within a symmetrical triangle just below a horizontal resistance band around $265–$267. The market’s short‐term trend strength (ADX ~27) is moderate, and the RSI near 50 confirms a state of consolidation. Volume has tapered off somewhat compared to the prior strong rally, consistent with a tightening price range.
3. Probabilities for Upward vs. Downward Movement
Upward Breakout Probability: ~60%
Downward Breakout Probability: ~40%
These percentages reflect the ongoing bullish bias (+DI > −DI) and the fact that symmetrical triangles often continue the preceding trend (which, judging purely from this chart, was upward). However, the neutrality of the RSI and only modest ADX strength temper the bullish edge.
4. Suggested Potential Entry Points
Long Entries
Above $265–$267 Breakout: A confirmed close above the triangle’s upper boundary (around the 0.236 Fib) would likely indicate bullish continuation. Look for increased volume on the breakout to validate momentum.
Pullback to ~$232: If price dips to the 0.5 Fib level and holds (i.e., forms a clear bounce), that would offer a lower‐risk entry aligned with the broader uptrend line.
Short Entries
Failure at $265–$267: If price fails to break (or quickly rejects) that overhead resistance, a short position targeting lower Fib supports could be warranted.
Break Beneath Ascending Support: A decisive move below the triangle’s rising trendline—particularly under the $248–$250 zone with strong volume—would suggest the uptrend is faltering, offering a short setup with a stop above the broken support.
Winner winner Sol to pay for my Dinner!Hi All,
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB






















