Following up on yesterday’s analysis, with each reaction to the 204.34 level, I became more confident about the presence of sellers above this zone. At the same time, since every rejection off this level was also creating a higher low , I decided to treat it as a risky long trigger. After the breakout of this line and the 15m and 1H candle closing above it, I was still cautious, suspecting that the main sellers might be sitting around 206.24 . At that point, as the RSI also reached its resistance line, I placed a buy stop order at 207 , just above the highest previous wick. I intentionally set the buy stop at the highest possible point to ensure that both price and RSI had convincingly broken their resistances. This position is still open, and I’m now waiting for higher targets to be reached.

It appears that the price is forming a cup and handle pattern, and if this occurs, it could push the price above $215. Best regards CobraVanguard.💚

Solana (SOL) has reclaimed $197 support above the value area high. With vertical accumulation in play, sustained volume inflows are needed for continuation toward the $260 resistance level. Solana continues to show bullish strength as it reclaims $197 support, establishing a base above the value area high. This development confirms the ongoing vertical accumulation structure, characterized by consistent higher highs and higher lows. With market structure intact, Solana is preparing for the next stage of its bullish advance. Solana (SOL) Key Technical Points - $197 Support Reclaimed: Price now sits above the value area high. - Vertical Accumulation: Structure of higher highs and higher lows remains intact. - Upside Target at $260: Breakout continuation could extend to this key resistance. The reclaim of $197 marks an important step for Solana’s bullish trajectory. This support is not only structural but also symbolic of market confidence, as price has managed to consolidate above the value area high. Reclaiming this zone eliminates immediate downside risk and places Solana back into a position of strength. Price action continues to demonstrate vertical accumulation, where each pullback has been shallow and quickly followed by another leg higher. This behavior is consistent with strong bullish environments, where demand consistently outweighs supply. The preservation of higher lows throughout this uptrend further confirms Solana’s strong structural integrity. For continuation toward $260, volume will play a decisive role. While Solana has shown impressive structural resilience, the sustainability of the move depends on bullish influxes maintaining strength. In recent sessions, demand has been supportive, but this must continue and intensify as price approaches higher resistance levels. Without growing volume, momentum risks fading before reaching $260. The $260 mark is the next major resistance zone, aligned with prior structural rejections and psychological significance. A clean test and breakout of this level would confirm continuation and potentially open the door for further extensions on higher timeframes. What to Expect in the Coming Price Action As long as Solana holds $197 as support, the bullish outlook remains intact. Sustained bullish volume inflows should propel price toward $260 resistance, confirming the vertical accumulation phase and reinforcing the continuation of Solana’s uptrend.

Solana continues to respect the ascending support trendline, with clean higher lows forming the base for each leg higher. The $200–205 demand zone is once again in focus after recent rejection wicks, serving as a key retest level for continuation. If buyers defend this zone, momentum favors another bullish impulse toward the $225–230 area. Liquidity sits lower at $196.7 and $175.8, which may attract price before continuation if demand weakens. Indicators show mixed signals: the Stoch RSI is stretched into overbought territory, hinting at possible short-term cooling, while the MACD Liquidity Tracker is still showing momentum building. Key levels: – Demand Zone: $200–205 – Liquidity: $196.7, $175.8 – Bullish target: $225–230

Solana is forming a rising wedge. Probably the price goes to $120 because there's a big resistance.

Solana is currently forming a 1–2 setup at the Minute degree, which marks the beginning of Minor Wave 3, itself part of Intermediate Wave 3. Once this correction concludes, the probability is high that SOL will advance strongly toward the $250 level. From a technical perspective, the current structure leaves little room for credible alternatives. However, it is possible that the Nano Wave b could extend further upward, as illustrated by the dashed arrows. Looking at liquidity, the order book below current levels appears relatively thin, with only small clusters around $190 and $180. While there are more orders at $180, giving that level stronger attraction potential, the liquidation heatmap shows virtually no liquidity there. For this reason, I do not expect a drop that deep. Derivative data currently reflects bearish sentiment, with funding rates declining and open interest stagnating or falling. Overall, I remain short positioned, targeting the 1.0 extension level of Wave c at $190, which is also where my take-profit is set. Until then, the plan is to stay patient and wait for the setup to play out.

Solana is in a perfect position. Notice the last four days that closed red. 29-Aug through 1-Sept. All these days of bearish action but no major drop. This is a marketwide bullish signal. Marketwide because Solana is one of the big projects. Solana is Crypto: What one does, the rest follows. If Solana is set to continue growing, as it is shown by its massive strength, then we know the other projects that move together will do the same thing. Some pairs can look weak and we don't know if they will continue to drop or instead reverse to start (resume) moving higher. Seeing SOLUSDT and the perfect rising triangle; how easy Solana continues to move higher even while Bitcoin was experiencing strong bearish action, reveals what is happening behind the scenes. Money is being shuffled around. Whales are loading up. The plan is being implemented and the resutls will be awesome. Do you see a bullish chart here? Does the drawings on the chart reveal the tendency and bias for this pair? Look, the market can move lower of course, but we have a rising channel. Any drop will be bought. Solana has much more to give. Too early to give up. Thank you for reading. Namaste.

💎 BINANCE:POLUSDT Trade Idea 💎 📊 Pattern spotted: Double Bottom ✅ This setup indicates strong support around 0.2800 and signals a possible bullish reversal. ⚡ Entry (Advanced): 0.2860 – 0.2870 🎯 Target (TP): 0.2960 🛡️ Stop Loss (SL): 0.2800 ✨ Risk/Reward: Low Risk – High Profit 🚀 This is an advanced entry with tight SL and strong upside potential. 📈 If the neckline breaks and sustains above, we can expect a bullish move towards the target. 🔑 Summary: Double Bottom gives confidence of reversal 📉➡️📈. Perfect setup for traders who like low loss & high reward opportunities.

Solana is on the rise again, forming an ascending triangle and a golden cross. This could be a good opportunity to accumulate before the next big push upwards. Furthermore, XRP, ETH, and BTC have all surged higher, but Solana has remained relatively stable along its trend line. It’s only a matter of time before Solana reaches a new all-time high, and with increased industrial accumulation, it is very likely to be the next altcoin to push higher. This is not financial advice. The technical indicators also support this, as increased trading volume and strong support above 190 indicate that Solana has proven to be resilient and is on an upward trajectory. Additionally, the Sol/BT and Sol/ETH ratios are now in favor of Solana, suggesting that capital is rotating into Solana.

On the 1H chart, Solana is ranging between key support and resistance levels (marked in purple, derived from higher timeframe Ichimoku levels). 🔹Resistance Levels 207.91 (Weekly):** A major resistance zone. A breakout above could open the path toward 210. 206.51 – 205.96 (Daily/Hourly):** Strong resistance cluster that has repeatedly rejected bullish attempts. 204.50 – 204.00 (Weekly/Hourly):** First short-term barrier for buyers. 202.97 (Hourly):** Mid-level resistance, crucial for momentum continuation. 🔹Support Levels** 199.50 (Hourly):** Immediate support, currently being tested. Losing this level may trigger further selling. 197.32 (Hourly):** Next short-term support, likely to be retested. 195.50 (Weekly):** Key medium-term support. A breakdown here could extend the correction toward 192 and lower. 🔹Ichimoku Insights** Price is trading **below Tenkan-sen (blue)** → showing short-term bearish pressure. Kijun-sen (red)** around 200–201 acts as a dynamic resistance. Kumo Cloud** ahead is thin and flat, signaling indecision. A breakout above 202 would bring price inside a bullish Kumo structure. Chikou Span (orange)** is still below price, not confirming a bullish reversal yet. --- ## 📊 Conclusion * **Bullish Scenario:** A confirmed breakout above **202.97** could target **204.5 → 206.5**. * **Bearish Scenario:** Breaking below **197.3** opens the way to **195.5 → 192**. 👉 The **197–202 zone** remains the key battleground. A breakout on either side will likely define Solana’s next move. 🚀