Solana Trades Above $200: New ATH Revealed, Next Target & MoreSolana has been consolidating within a very wide range since February 2024. Solana ended its bear market December 2022. The market bottom was followed by a quick bounce and accumulation phase at low prices.
A 280 days long consolidation (Dec 2022 - Oct 2023) produced a rise from $20 to $210 ending March 2024. From this point forward we have a new long consolidation period but this time instead of 280 days SOLUSDT has been ranging for 525 days. Imagine how strong the next advance will be.
280 days of consolidation was enough to produce 10X growth.
Solana produced a low recently in April and has been recovering since. Prices from late February 2024 through present day form part of a sideways consolidation channel. This period is reaching its end.
The last low marked the end of this period and the start of the next bullish wave. This bullish wave is ongoing now and soon Solana will break local resistance and hit a new all-time high.
Right after the all-time high the first resistance zone of importance is $415 ($420 in some cases). Next we have $667 ($620 in some cases) and these are the levels to watch.
Current market conditions support a rise on SOLUSDT reaching $900 - $1,100.
Soon we will know if the market can continue even higher. For now these are the targets for this 2025 bull market. We are only weeks away from a major frenzy.
Namaste.
SOLUST.P trade ideas
SOL - 4H Elliott Wave Analysis - 13.08.25Greetings, today we are going to update our Elliott Wave Count for Solana!
Firstly, I wanted to thank you for all the boosts on our last Solana Analysis, appreciate it!
Solana did pull off an amazing rally in our blue Wave 5 which presumably is finished with that we have our green Wave 1 in. We are looking for a pullback to happen in our green Wave 2 soon.
The Wave 2 support area lies between the 0.382 FIB at 186.19 USD and the 0.786 FIB at 166.34 USD. If the price moves a few dollars higher the Wave 2 support are would just shift slightly up with it.
A break below this support area would indicate a reset of the white Wave 2 in a bigger correction which we deem unlike at this stage. Additionally the move up touched the 0.886 FIB which increases probabilities to take the previous high over the last low.
Thanks for reading.
NO FINANCIAL ADVICE.
SOL Silently Grinding Toward New Highs⚡️ Time to update one of my SOL ideas and see how things are looking.
The closer ETH gets to its ATH, the harder it becomes to push it higher — and attention starts shifting to its L2s and, of course, SOL. Over the past few days, SOL has been growing steadily. On top of that, the first-ever staking ETF in crypto history was launched for SOL — something that definitely won’t go unnoticed once the ETH madness cools down.
➡️ The first thing that stands out is the current price action. SOL has come right up to a large gap at $238–205.6. It’s already been rejected from this zone once and is now testing it for the second time. If it manages to break inside, price could move smoothly to around $216.72, since it’s a gap zone with no other resistances.
➡️ Next, Volume — we can see a divergence in buying volume, indicating a decline in buyer interest. True, ETH and BTC also moved higher on declining volumes until they approached levels near their peaks, where huge volumes kicked in. So, we could see the same pattern here. Plus, it’s no secret ETH is still at the center of attention, taking all the liquidity for itself.
➡️ Money Flow — here we see strong harmony with price, meaning liquidity is still flowing steadily into the asset, which is definitely encouraging.
📌 Conclusion:
For now, SOL is still outside the spotlight, and its trading volume barely keeps it in the daily top 10. But it’s quietly grinding toward its highs — and once the ETH hype fades, everyone will suddenly remember: “Guys! We have the first-ever staking token! And it’s also a blockchain that’s been number one in profits for months!”
By then, however, it might be too late. Because we’ve already been in the game for a while.
SOL Breakout Watch – Testing Key Resistance! 🚨 SOL Breakout Watch – Testing Key Resistance! 🔴⏳
SOL is testing the red resistance zone right now.
📊 If a breakout confirms, the next move could target:
🎯 First Target → Green line level
A strong breakout here could open the door for further bullish momentum.
Market Update for SolanaIt’s only Wednesday, and BINANCE:SOLUSDT has already hit all our targets, entering the 201–213 zone we’ve been expecting — but so far, it has only reached 204 .
As you can see, ADX climbed to 60 and reacted, while RSI is dropping sharply amid a bearish engulfing pattern. I’m expecting a local correction, which is why I’ve already closed my Solana longs.
The correction could bring the price into the 186–192 range. I’ll be watching closely, as I still expect growth to continue toward our target zone of 201–213 afterward.
#SOL/USDT coin market structure analysis#SOL
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 175, acting as strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 174.
Entry price: 181.
First target: 187.
Second target: 195.
Third target: 205.
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
SOLANA Potential Bullish Breakout OpportunitySolana seems to exhibit signs of a potential Bullish Breakout on the Shorter timeframes as the price action may form a credible Higher High with multiple confluences through key Fibonacci and Support levels which presents us with a potential long opportunity.
Trade Plan:
Entry : CMP
Stop Loss : 172
TP 1: 202.5
DeGRAM | SOLUSD updated the rising low📊 Technical Analysis
● SOLUSD is advancing within a steepening channel, holding above 186.5 after reclaiming mid-channel support and setting sights on the 216.2 resistance zone.
● The structure shows higher lows and accelerated momentum, with potential to challenge the upper boundary near 225 if current trendlines hold.
💡 Fundamental Analysis
● Solana’s recent integration with Fireblocks’ institutional staking service is driving positive sentiment, while on-chain activity in DeFi TVL has surged over 15% this month.
✨ Summary
Bullish above 186.5; targets 216.2 → 225. Invalidation on a close below 186.5.
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DeGRAM | SOLUSD will test the support level📊 Technical Analysis
● SOLUSD is pulling back after testing the upper resistance channel near 205 and is now approaching key support at 162.5, aligning with the breakout zone.
● Structure remains bullish as price respects the midline of the ascending channel, and upside continuation toward 205 remains likely if 162 holds.
💡 Fundamental Analysis
● Solana remains a top performer in weekly ETP inflows, per CoinShares, and continues to dominate in NFT volume and developer activity.
● Funding remains positive across major derivatives platforms, signaling sustained bullish sentiment despite short-term volatility.
✨ Summary
Long bias above 162. Breakout target remains 205 ▶ 220. Setup remains valid while above key structure support.
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SOLUSDT Holding Long Term Trendline SupportSOLUSDT continues to show strong bullish structure, with price consistently holding above a multi-year ascending trendline a key structural element that has defined its uptrend. This dynamic support has anchored price action within a broader ascending formation, reflecting steady long-term accumulation.
Additionally, the chart reveals a well defined Cup and Handle formation, further reinforcing the bullish outlook. As long as price respects the immediate demand zone, this area remains a prime region for re-accumulation, with expectations for it to hold as a firm support level.
The projected target for this setup is clearly illustrated on the chart, aligning with the broader bullish continuation narrative.
Share your view, do you see SOLUSDT pushing higher from here, or is a deeper retest likely before the breakout?
It’s Been a While... $SOL is back!
CRYPTOCAP:SOL has been stuck in a 100–200 range for a while now, with anything outside acting as a liquidity grab before reversing.
Back in March, the market was trying to print a bearish signal (obviously failed), so I didn’t have a clear picture then. Now, it’s back on track.
The monthly isn’t as satisfying as other charts—candle lacks strength and closed below the yearly open. That said, price just tapped the $100 range low, so naturally the next big expectation is a break above $200 with conviction and new highs.
I don’t think CRYPTOCAP:SOL will be the highlight of crypto this cycle, but there’s still a potential 2x from here worth taking advantage of.
Smart money levels for $SOLUSDT, don't miss this zoneSolana continues to respect its long-term rising support line, showing strong underlying strength.
After a solid accumulation phase in early 2023 that led to a sharp rally, SOL is now in another accumulation zone just below its all-time high of $296.
A clean breakout from this range could set the stage for a major move into uncharted territory.
DYOR, NFA
SOL - 1H Elliott Wave Analysis - 11.08.25Welcome to our updated Elliott Wave Count for Solana.
We hit the in our last analysis projected target for the white Wave 3 and it seems that we started the white Wave 4 correction in the red ABC. It seems that we are still in the red Wave C but we're looking for it to finish soon.
The white Wave 4 support area which we already entered lies between the 0.236 FIB at 180.27 USD and the 0.5 FIB at 173.66 USD. We have just tested the 0.382 FIB at 176.61 USD which is the most common target for a 4th wave. The next downside targets for the red Wave C would be the 1.382 FIB at 175.03 USD and the 1.618 FIB at 173.01 USD which is in confluence with the 0.5 FIB of the white Wave 4 support area. In this impulse count we do not want to break below the 0.618 FIB at 170'70 USD.
Thanks for reading.
NO FINANCIAL ADVICE.
CPI Relief Sparks Crypto Rally The U.S. Bureau of Labor Statistics released the July 2025 CPI and Real Earnings reports today at 8:30 AM ET. The data came in exactly as markets expected, no hotter than expected inflation and sparking a risk-on rally across the market, while the U.S. Dollar Index (DXY) dropped sharply.
Key Data Points:
CPI (Headline): +0.3% m/m, +2.9% y/y (June was +2.7% y/y)
Core CPI (ex-food, energy): +0.2% m/m, +3.2% y/y (stable from June)
Energy: +2.1% m/m — Gasoline +3.3%
Food: +0.2% m/m
Shelter: +0.4% m/m (still the largest inflation contributor)
Real Avg Hourly Earnings: +0.1% m/m, +1.1% y/y
Real Avg Weekly Earnings: +0.3% m/m, +0.7% y/y
Market Reaction:
The release of the July 2025 CPI and Real Earnings data triggered an immediate and decisive move in financial markets. The U.S. Dollar Index (DXY) saw a sharp and rapid decline within minutes of the announcement, reflecting a shift away from safe-haven demand. This was largely because inflation came in exactly as expected, avoiding the “hot” surprise that could have reignited fears of further aggressive Fed action. Equity futures jumped, and crypto markets reacted almost instantly, with BTC, ETH, and SOL showing strong green candles on the 1-hour chart.
The drop in DXY removed a major headwind for risk assets, as a weaker dollar often correlates with stronger performance in crypto. The reaction also suggests that traders were positioned defensively ahead of the release and quickly moved capital back into higher-risk assets when no negative surprise was observed.
The post-CPI order flow also hints that macro traders are linking USD weakness directly to crypto strength in this environment. While the momentum is positive in the short term, it’s worth noting that the Fed will remain cautious, especially with shelter inflation still contributing heavily to the overall CPI.
Currently BTC is moving around $119,900 (~1.2% since CPI release) while ETH, SOL, XRP, BNB are 3.74%, 3.22%, 1.55% and 2.41% respectively at the time of writing.
[SeoVereign] SOLANA BULLISH Outlook – August 11, 2025Recently, Solana’s price movement has been showing a very classic Elliott Wave pattern.
Based on this, I would like to present a bearish outlook this time.
The basis for this idea is as follows:
Wave 5 = 50% of the length of Waves 0–3
Wave 5 = equal length to Wave 1 (1:1 ratio)
In addition, the fact that Wave 5 is forming an ending diagonal pattern strongly suggests the possibility of a decline.
Please refer to the chart for more details.
Accordingly, the first target price has been set at 175 USDT.
I plan to continue updating this idea as the movement unfolds.
Thank you.
$SOL Weekly Analysis – Big Decision AheadFor Solana I’m expecting a correction into the 160–167 range. Either the fifth wave isn’t finished yet, or buyers have already spent most of their strength on the third wave and the correction phase has started, or we might still see an impulse up into the 190–199 range. On the chart, I’ve marked two possible scenarios for how the price could move.
I’ve also highlighted the key levels:
Bullish scenario : from 168, the price moves toward 220 (resistance level), and from there we could see a local correction back to 160–165.
Bearish scenario : the price is already in a correction phase and heading toward 140–145.
RSI points toward the bearish scenario, but if buyers show strength things can change.
Disclaimer: The author’s opinion may not align with yours.
BYBIT:SOLUSDT.P
Weekly trading plan for SolanaLast week, Solana managed to break through resistance, but we didn’t see strong momentum — only the first target was reached
At the moment, the price has returned to the monthly pivot point, and we’re seeing consolidation around this level. As long as we stay above 171 , we can expect further growth toward the 186–192 range
If 171 breaks, I expect a correction toward 167–161 , after which I’ll provide a market update
More details are in the idea video.
SOLUSDT Bullish Reversal Setup From Support ZoneTrade Setup Analysis
Timeframe: 4H (Four Hour)
Position Type: Long (Buy)
Entry Point: 162.12
Positioned exactly between the stop loss and take profit zones, providing a balanced entry from which to capture potential upside momentum.
Stop Loss (SL): 147.34
Placed below a significant support area to protect against deeper declines. A break below this level would invalidate the bullish setup. Risk is approximately -9.12% from entry.
Take Profit (TP): 206.15
Target set at a major resistance level, offering a potential upside of around +27.16% from entry.
Risk/Reward Ratio: 2.98
A strong setup offering nearly three times the reward potential compared to the risk.
Technical Outlook:
SOLUSDT is testing a key support zone after a pullback within a broader uptrend. If buyers defend this level, a rebound toward the $206 resistance is possible.
Bullish Scenario: Holding above 162.12 and showing bullish candlestick confirmation could trigger a move toward the target.
Bearish Invalidation: A breakdown below 147.34 would indicate a potential shift to bearish momentum.
Summary:
This trade looks to capitalize on a possible reversal from a support area with a tight stop and a clearly defined target. Monitoring volume and reaction at the entry zone will be crucial for confirmation.