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Solusdanalysis

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. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
2
DeGRAM | SOLUSD is holding the $177 level📊 Technical Analysis ● SOLUSD is bouncing from the rising trendline support at 177 after a retracement, maintaining structure within a bullish ascending wedge. ● Price holds above the prior resistance-turned-support near 176.9, with a clear path to retest the 205.8 and 219–222 confluence zone. 💡 Fundamental Analysis ● Solana's 30-day DApp volume ranks top 3 among L1s, signaling increased utility. Institutional SOL inflows also continued for a fifth week, per CoinShares. ● Strong user metrics and positive funding rates suggest bullish momentum remains supported on-chain and through derivatives markets. ✨ Summary Buy dips above 177. Targets at 205 ▶ 220. Long setup holds while price stays above 175. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
4
DeGRAM | SOLUSD seeks to the $220 level📊 Technical Analysis ● After reclaiming the mid-June swing cap 185 (now support) price accelerated along a steep parabolic fan; the move completed a 1:1 extension of the early-July flag yet leaves room to the channel crest near 220. ● Structure shows successive closes above the March–July internal resistance line; momentum pull-backs are respecting the fan base at 190, indicating healthy trend continuation toward the next fib / rail confluence at 219-222. 💡 Fundamental Analysis ● FXStreet notes Solana’s daily active addresses just hit a 12-month high, while CoinShares reports a fourth straight week of SOL-focused ETP inflows—evidence of strengthening network use and institutional demand. ✨ Summary Buy 190-195; hold above 185 eyes 205 ▶ 220. Long thesis void on a 16 h close below 175. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | SOLUSD seeks to confirm the breakout📊 Technical Analysis ● Bulls pushed back inside the broad rising channel and pierced the five-week gray trend-cap; the breakout has been retested at the 147-150 pivot (green strip), now acting as support. ● Price is carving a tight bull-flag on diminishing volume; its 1.618 swing and the channel median intersect with the May swing high near 173, while the upper rail aligns with 187-190. 💡 Fundamental Analysis ● VanEck’s late-June 19b-4 filing for a US spot Solana ETF trimmed perceived regulatory risk, and Firedancer’s public test-net timeline lifted developer sentiment, both fuelling fresh inflows. ✨ Summary Long 147-150; flag break above 155 targets 173 → 187. Invalidate on a 16 h close below 140. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1
DeGRAM | SOLUSD retest of the 136 level📊 Technical Analysis ● Price bounced at 136 where the rising-channel base meets a long-held internal trend-line, locking in a higher-low and printing bullish RSI divergence. ● A micro falling-wedge is fading; clearance of the wedge roof/150 round turns bias up toward the 158.8 horizontal pivot and the channel mid-band near 187.4. 💡 Fundamental Analysis ● Solana’s daily active wallets and DEX volume have risen ~20 % since 20 Jun as new DeFi incentive programs (Jupiter, Pyth, Kamino) go live, hinting at returning user demand despite broader crypto lethargy. Summary Buy 137-145; confirmed break above 150 targets 158.8 → 187.4. Long thesis voided on a 16 h close below 130. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
7
DeGRAM | SOLUSD channel floor launch toward 170+Solana continues to respect the broad rising channel that has guided price since early April. Recent corrective action tagged the channel median and then the intersecting 137-140 horizontal support, forming a classic confluence floor. The reaction: a sharp bullish rejection that restored price above the magenta internal trendline, indicating buyers remain in firm control. The corrective structure itself resembles a descending wedge losing bearish momentum, while RSI prints a positive reversal at 40 – conditions that often precede explosive upside resolution. A decisive close over 150 triggers an upside breakout aiming first at 160 (wedge objective) and subsequently at the 172-175 resistance block where prior distribution occurred. Should momentum spill over, the upper channel trajectory extrapolates 185-190 in coming weeks. Bullish bias is intact while candles close above 137; deeper dips into that zone likely represent opportunity rather than weakness.
Long
by DeGRAM
1
DeGRAM | SOLUSD Held the $145 level📊 Technical Analysis ● SOL broke above the long-term descending resistance near $130 and held it on a retest, confirming a bullish reversal. ● A consolidative range between $145 support and $154 supply has formed; a decisive break above $154 targets the rising-channel top near $160. 💡 Fundamental Analysis ● SOL staking volume recently surpassed Ethereum’s, underlining robust on-chain yield demand. ● DeFi Development Corp filed to offer $1 billion in securities to boost SOL holdings, signaling institutional accumulation. ✨ Summary Resistance-turned-support at $145, strong staking growth, and corporate demand support a short-term long bias: targets $154 → $160; invalidation below $140. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
DeGRAM | SOLUSD Testing the Demand Zone📊 Technical Analysis Support and Uptrend SOL/USDT has formed higher lows along the uptrend line and is now testing the $120-125 support area. Resistance area Key resistance is at $135; a breakout could trigger an acceleration of the upside. Outlook Scenario Price may retest the $135 level in the near term, with bullish momentum strengthening. 💡 Fundamental Analysis Solana is gaining momentum thanks to growing DeFi volume and high developer activity, which boosts investor confidence. ✨ Summary Technical and fundamental signals coincide - watch $135 for breakout confirmation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
1