HODL | Long Bias | Solana Correlation Play (Like MicroStrategy for ETH) | (May 12, 2025)
1️⃣ Short Insight Summary:
HODL is a high-risk, high-beta equity that mirrors Solana’s performance, similar to how MicroStrategy mirrors Bitcoin. While fundamentals are thin and valuation is high, the technical setup looks solid for a bounce.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Around $3.20
Stop Loss: Below $3.00
TP1: $3.50
TP2: $3.95
Final TP: $5.51 (and possibly higher if SOL runs toward $500)
Partial Exits: Strongly advised at each level to manage risk and lock in gains
3️⃣ Key Notes:
✅ This is a technicals-only trade—no strong fundamentals.
❌ PE ratio is 71—very overvalued from a fundamental standpoint.
✅ Market cap is relatively small (~$565M), which makes it volatile and reactive to SOL price moves.
✅ HODL has no meaningful operating business—just holds large amounts of Solana, making this a direct play on SOL’s performance.
✅ Founded in 2002, but its recent activity is tied entirely to the crypto narrative shift.
❌ Thin tape and low transparency—this increases risk, so size accordingly.
4️⃣ Optional Follow-up Note:
This is a highly speculative side play alongside the main SOL long idea. Will be watching correlation strength and overall crypto market direction for confirmation.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
HODL is a high-risk, high-beta equity that mirrors Solana’s performance, similar to how MicroStrategy mirrors Bitcoin. While fundamentals are thin and valuation is high, the technical setup looks solid for a bounce.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Around $3.20
Stop Loss: Below $3.00
TP1: $3.50
TP2: $3.95
Final TP: $5.51 (and possibly higher if SOL runs toward $500)
Partial Exits: Strongly advised at each level to manage risk and lock in gains
3️⃣ Key Notes:
✅ This is a technicals-only trade—no strong fundamentals.
❌ PE ratio is 71—very overvalued from a fundamental standpoint.
✅ Market cap is relatively small (~$565M), which makes it volatile and reactive to SOL price moves.
✅ HODL has no meaningful operating business—just holds large amounts of Solana, making this a direct play on SOL’s performance.
✅ Founded in 2002, but its recent activity is tied entirely to the crypto narrative shift.
❌ Thin tape and low transparency—this increases risk, so size accordingly.
4️⃣ Optional Follow-up Note:
This is a highly speculative side play alongside the main SOL long idea. Will be watching correlation strength and overall crypto market direction for confirmation.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.