Solana (SOL): towards $117?Hi!
SOL remains in a clear descending channel, indicating sustained bearish momentum. After a period of consolidation within the rectangular range, the price recently rejected the upper boundary, forming a potential continuation pattern. The RSI sits near 40, signaling slight oversold conditions bu
Trading activity
Transactions 223
BuysSells
13192
Volume 39.43 KUSD
Buys volumeSells volume
19.55 K19.87 K
Traders 83
BuyersSellers
4142
About SOLWCRO_326D94.USD
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SOLUSD Long-Term Market Cycle Analysis |Bear Market Phase ActiveSolana (SOL) was listed on 10 April 2020 at around $0.21 .
During the 2020–2021 bull market (Altseason Phase-4) , SOL showed an exceptionally strong rally after listing and formed its all-time high near $260 on 6 November 2021 .
From that point, a major bear market started.
Between 7 April
Solana (SOL/USD) — Weekly Neckline Test + Ecosystem ContextTimeframe: Weekly
Bias: Long-term bullish / Short-term neutral
COINBASE:SOLUSD Solana is currently trading directly on the weekly head-and-shoulders neckline (~$120–130) following a strong multi-year expansion and a clear 2025 distribution phase.
This area represents a major inflection zone:
A bullish reversal will come - all we need is patienceV-shapes in both bullish and bearish MACD territories are the best turning points it seems. here is my idea on two possible scenario's on what will happen in the upcoming weeks for $SOLUSD.
I do not believe it's going lower than 110$. So either we hold 124$ or see a hard and bullish reversal at 11
SOLANA MACRO VIEW !
1. Macro Trend: Ascending Channel
The most dominant feature of this chart is the massive ascending parallel channel (the two long black lines sloping upwards).
Long-Term Bullish: Despite volatility, the price has generally trended upward over the last several years, respecting the boundaries of
SOL very Bullish , Stronger Fundamentalafter ranging for long period of time finally we enter a supercycle, after we watch fed meeting the path is clear. there is no more hawkish, there is more cuts on 2026, we also have Kevin Hassett to make sure everything will goes as Trump's plan. 165k-200k BTC is very possible , 9K-12k ETH is very p
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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