SOL: Clean Fakeout & Two Bearish Scenarios AheadHello guys!
Price just created a textbook fakeout above the resistance zone, grabbing liquidity and quickly dropping back into the range!
Here’s what the chart is showing:
Price is still inside the ascending channel, but the breakout attempt failed
The MPL (maximum pain level) around $162.30 is
Key facts today
Between July 14 and July 20, Solana's decentralized exchanges recorded over $22 billion in trading volume, up from nearly $19 billion the previous week, reflecting heightened trading activity.
DeFi Development Corp raised $19 million and bought 141,383 SOL at an average price of $133.53, increasing its total Solana holdings to 999,999 SOL, worth about $192 million.
The Jito Foundation will launch the Block Assembly Marketplace on Solana's mainnet soon, aiming to improve transaction efficiency and transparency while reducing harmful MEV.
Key stats
About Solana
Solana is a blockchain fairly new to the crypto game, but that's not to say it's not a serious player. Attempting to rival smart-contract titan Ethereum for the NFT and web3 crown, Solana has a strong focus on scalability through its hybrid proof-of-history/proof-of-stake consensus that aims to accommodate a flourishing dApp ecosystem. Its native token SOL has enjoyed the successes of Solana-based NFTs and dApps, but since its inception has also felt the strain of the network’s tendency to experience outages. Although that hasn't stopped it from reaching the top 15 coins by market cap.
Related pairs
Solana breakout setup: why I am watching this level closelySolana is forming a clear ascending triangle. We already saw one breakout earlier, followed by a few hard retests. Now price has stalled. This might frustrate some, but I see opportunity. A clean break could deliver 14% upside. I also discuss Bitcoin, false moves, and why time stops matter in this e
Solana Approaching Key Resistance: watch for $219Hello guys!
Solana has been trending strongly inside a rising parallel channel, recovering steadily after a significant 33% correction. The bullish momentum is clear, and the price is now approaching a key resistance zone near $219.84, which previously acted as a major turning point.
Here’s what I
SOLUSD – Coil in DeclineSOL rallied fiercely from $146 into $170, then sold off aggressively. The chart shows a classic mid-trend distribution, followed by lower highs forming into a descending wedge. Support at $158 has held for now. A breakout over $161–162 could shift structure, but below $157 = trouble.
Solana’s Breakout Setup is Loaded — Bullish Structure IntactSolana is pressing into key resistance after holding its higher low structure and climbing out of the golden pocket. With a breakout forming just under the descending trendline, bulls are watching for confirmation to ignite a move toward $220 — and potentially $290+.
Momentum is coiled, and the cha
Bounce with meLooking to spring off the areas below
We are at a Major Top and playing in Supply. I don't recommend betting big here but I'll be looking to add positions based on median level bounces below. 15M and hourly bodys above median. If levels break and close I'll be looking to exit quickly.
The lower a
SOLUSDI can't say I'm a big fan of this chart setup. Sure, it's ascending triangle, but it has a lot of touches of support, and there's a huge gap to the VPVR shelf below. It's even lower than the candle support. It kind of shows you that all the action, all the volume happened way earlier in the cha
SOLANA - BULLISH & BAERISH
Hello everyone,
here is my current outlook on Solana (SOL):
Personally, I am currently only watching Solana as we may already be in a correction phase. Nevertheless, there is an interesting scenario where we could still be in a green wave 5, which could potentially reach prices above USD 300.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Solana (SOL) reached its highest price on Jan 19, 2025 — it amounted to 295.03 USD. Find more insights on the SOL price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Solana (SOL) reached the lowest price of 7.87 USD on Dec 29, 2022. View more Solana dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying SOL is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SOL right from TradingView charts — just choose a broker and connect to your account.
You can discuss Solana (SOL) with other users in our public chats, Minds or in the comments to Ideas.