Technical Analysis Report: $SOL /USDT

Current Price: $137.00 USDT

Key Observations:

The SOL/USDT pair is currently experiencing consolidation after a significant price increase that peaked at $161.78.

The chart displays a strong support level at around $127.07, marked by the recent low.

Resistance is forming near the $150.00 area, suggesting potential pressure from sellers.

Trading Strategy:

Long Trade:

Entry Point: Consider entering above the recent minor resistance at $140.00, as this indicates further bullish momentum.

Targets:

Target 1: $145.00 - Near-term psychological resistance.

Target 2: $150.00 - Previous high resistance, significant due to recent rejections.

Target 3: $155.00 - Stretch target, in case of extended bullish momentum.

Stop Loss: $132.00 - Just below the recent consolidation zone to minimize potential downside.

Short Trade:

Entry Point: Enter below $132.00, if the price breaks below this level as it may signal a rejection of the upward trend.

Targets:

Target 1 Short: $128.00 - Near-term support level.

Target 2 Short: $125.00 - Psychological support and potential bounce area.

Target 3 Short: $120.00 - In case of a bearish momentum extension.

Stop Loss: $140.00 - Above the recent minor resistance to allow for market fluctuations.

#Solana_Blockchain

📣📣$SOL Technical Analysis 📣📣

The price of $SOL has shown signs of recovery after rebounding from a low near $148.06, now testing the resistance level at $135.52. A successful breakout above this level could signal a bullish trend, with the next potential resistance targets at $148.06 and possibly reaching $161.97.

#SolanaUSTD #solonapumping #Solana_Blockchain #Write2Earn! #BinanceLaunchpoolHMSTR

Technical Analysis Report:$SOL /USDT:

$SOL after hitting $162.5 now again dump to $134... Is it going back to all time low $120 from last 5 months..

The $SOL /USDT trading pair currently stands at $134.65, witnessing a notable decline of 8.63% on the day. This downtrend brings the price near its 24-hour low of $133.11, hinting at possible support at this level. However, the market shows resistance around the recent high of $147.42. Given the recent price action, short-term traders might consider setting up for potential short trades below the current support, with a cautious eye on any rebound that retests the resistance. This analysis should provide strategic insights into short-term movements for SOL, a currently hot coin in the trading community.

#SolanaUSTD #Solana_Blockchain #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR #moonbix

🔥 SOL/USDT Taking a Dip! Time to Watch Closely 🔥

🚨 Solana ($SOL ) has dropped -6.83% in the past 24 hours, currently sitting at $135.74. After hitting a 24H High of $145.82, the price has retreated, but this could present an opportunity for sharp traders! 📉

🔍 EMA Analysis: The 7 EMA is still close to 136.05, showing potential for a bounce, while the 99 EMA at 146.55 is a key level to break in case of a reversal.

👀 Key Levels to Watch: With the 24H Low at $133.11, will SOL test that bottom again, or will we see a recovery surge? Either way, volatility is in play!

💥 Solana has been on a +474% run in the past year, so these pullbacks may just be setting the stage for the next move.

⚡️ Trade now and stay ahead of the market! #Solana_Blockchain #opportunities #TradeSmart #BinanceSquareFamily #Write2Earn!

$SOL is tightening into a critical apex, signaling a big breakout ahead.

However, we might see a dip before the move.

The $128 horizontal support is the key level for $SOL to hold.

Keep an eye on it!

#SolanaUSTD #Solana_Blockchain #SOL

Why Invest in Solana (SOL)?
Solana (SOL) has become a major player in the crypto space, offering some compelling reasons to invest:
1. Speed: Solana processes over 65,000 transactions per second, far outpacing Ethereum.
2. Low Fees: Ultra-low transaction fees make it cost-effective compared to Ethereum.
3. Growing Ecosystem: Projects like Serum and Raydium are building on Solana, increasing demand for SOL.
4. Institutional Backing: Big investors like a16z and Alameda Research have supported Solana.
5. NFT Growth: Solana’s NFT market is booming with popular projects, drawing more users.
6. Developer-Friendly: Its tools and fast network attract developers for dApps and DeFi.
7. Potential Gains: Solana is still in a growth phase, with room for price appreciation.
8. Ethereum Competitor: Seen as an "Ethereum killer" with a faster and cheaper network.
Risks: Solana is not without risks, including volatility and past network outages. Always research and diversify your investments.
In conclusion, Solana’s speed, low fees, expanding ecosystem, and strong backing make it a solid option for crypto investors seeking growth.

#Solana_Blockchain $SOL

#Solana_Blockchain

$81 mln Solana token unlock incoming: Impact on SOL?

Between the 1st and the 7th of October, nearly 524K SOL, worth $81 million, will be unlocked.

Despite substantial token unlocks, Solana’s TVL has increased by 2.75%.
SOL’s Long/Short Ratio was 1.019, indicating bullish market sentiment among traders.
Solana’s [SOL] upcoming token unlock has garnered significant attention from crypto enthusiasts due to fears of a potential price decline.

Solana’s token unlock
Recently, the token unlocks dashboard shared data showing that 524,030 SOL, worth $81.56 million, are set to be unlocked and released into the circulating supply between the 1st and the 7th of October.

However, this unlock represents just 0.11% of Solana’s total circulating supply.

Following this report, there is a strong possibility that SOL could experience a selling pressure and price decline in the coming days.

In general, a token unlock is often considered a bearish sign, as the increase in available supply in the market can lead to selling pressure.

$As IRAN vs ISRAEL War on huge turn..$SOL Break Major Support $140 and now trading at $138.. Big dump continue as will $SOL go down more..

The $SOL /USDT trading pair has seen significant volatility, currently trading at $139.36, marking a 5.06% drop. A closer examination reveals a high of $148.96 and a low of $138.61 over the last 24 hours, with trading volumes reaching $581.07 million USDT.

Traders should note the bearish momentum, evidenced by a steep decline in the chart from recent highs. This could suggest a potential opportunity for short sellers or a buy signal if the price stabilizes near support levels. It’s crucial to monitor the pair closely for any signs of reversal or continuation of the trend to optimize entry and exit strategies in this turbulent market environment.

#SolanaUSTD #Solana_Blockchain #BTCReboundsAfterFOMC #BinanceLaunchpoolHMSTR

Solana Coin Prediction 2nd October 2024

$SOL

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As of October 2, 2024, Solana (SOL) is predicted to trade around $148.08 & 158.02.

The price has shown a slight increase from the previous day, reflecting a generally bullish sentiment in the market.

Are you considering investing in Solana, or are you just keeping an eye on the market trends?

#solonapumping #Solana_Blockchain #SolanaUSTD #Write2Earn! #sol板块

$SOL trend line & white line support/bounce level.

#Solana_Blockchain

Booooooooom 🤯💥$SOL big dump to 135 as I predicted 2 Days ago 💯🔥
Where are $SOL holders ? Didn't i warn you guys to take risk management steps ?if you still lose money then what else can do 😏

Stay cautious bcz if #SolanaUSTD doesn't stop dumping it can dump UpTo 110$ which was it's previous support .

For more signals join us now 🥂
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This is how I made a solid profit from $SOL using my Layer Strategy💰💸.

You can also earn a profit using my Layer Strategy. If you're interested, just leave a message below with "I want".
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$SOL flipping $ETH is unlikely, but feasible.

$SOL has all the makings to do this.

At the end of the day, Sol has a lot of volume.

It's popularity is growing every day.

Sol is not perfect by any means, but it's currently the closest thing ETH has to real competition.

Long-term will be the true tell.
#BTCPredictedNewATH #EIGENonBinance #BTCUptober #BTCReboundsAfterFOMC #Solana_Blockchain

🚀 SOL/USD Trading Insights 🚀

Analyzing the SOL/USD chart, we see key support at $141.02 and resistance at $143.05². The moving averages (MA7, MA25, MA99) indicate a bullish trend, with the price above these lines. Volume patterns show strong buying interest, confirming upward momentum. The MACD histogram suggests potential for further gains, signaling a bullish crossover.

Entry Strategy Consider entering a long position if SOL breaks above $143.05 with rising volume. Set a stop loss below $141.02 to manage risk. Target the next resistance at $149.24 for potential profits².

Happy trading! 📈💰

#Solana_Blockchain #sol板块 #solonapumping #SolanaUSTD

#SOL (Solana) Trading Analysis on Binance 🚀

🔍 Support Level: $147.01
🔍 Resistance Level: $146.71

📈 Entry Strategy:
1. Buy Entry: Consider entering a trade if SOL breaks above the resistance level of $146.71 with strong volume.
2. Confirmation: Look for positive indicators like a rising MACD histogram.
3. Stop Loss: Set a stop loss just below the support level at $147.01 to manage risk.
4. Target: Aim for the next resistance level for potential profit.
#solonapumping #SolanaUSTD #SolETFApproved #Solana_Blockchain