🚀 SOL/USDT – Preparing for the Next Breakout
Hey everyone 👋
Here’s a detailed look at Solana (SOL) and some key confluences across multiple charts. Let’s dive in:
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🔹 SOL/USDT – 4H Chart
SOL is currently sitting at a very interesting level.
🔑 If we break and hold above 168.21, the path toward 185 becomes much clearer.
📍 The 185 zone is a strong level and technically a safer long, but it also comes with a higher chance of fake breakouts and chop.
That’s why — if market conditions align — I’d prefer to open a long position above 168.21, so I’m not getting trapped later at 185.
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📈 SOL Dominance (SOL.D) – 4H
A key level here is 2.41.
If SOL.D breaks this level at the same time as SOL/USDT breaks 168.21, it acts as a strong confirmation for a long position.
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🔁 SOL/BTC
Another useful chart for context:
✅ 0.001351 has already been broken — a good initial sign.
🔓 A breakout above 0.001424 would provide extra confirmation for a SOL/USDT long setup.
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💰 TOTAL3 – Altcoin Market Cap (excluding BTC & ETH)
This is crucial for overall altcoin sentiment.
📍 The key level here is 965B.
If this level breaks, it signals strong capital inflow into altcoins — and likely becomes the first trigger for a SOL long position.
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🎯 What’s the Long Setup All About?
The goal here is not to catch a move at 185 — that’s too risky due to likely fakeouts.
Instead, we want to enter earlier (at 168.21) if momentum supports it, and ride the move safely.
🛠 Plan:
Wait for a 4H candle close above 168.21
Look for volume + momentum confirmation
Use a Stop Buy order above this level to enter
This way, we’ll be in a strong position before the noise starts at 185.
---
🙏 Thanks for reading.
If you found this analysis useful, don’t forget to hit the 🚀 icon and follow for more!
Hey everyone 👋
Here’s a detailed look at Solana (SOL) and some key confluences across multiple charts. Let’s dive in:
---
🔹 SOL/USDT – 4H Chart
SOL is currently sitting at a very interesting level.
🔑 If we break and hold above 168.21, the path toward 185 becomes much clearer.
📍 The 185 zone is a strong level and technically a safer long, but it also comes with a higher chance of fake breakouts and chop.
That’s why — if market conditions align — I’d prefer to open a long position above 168.21, so I’m not getting trapped later at 185.
---
📈 SOL Dominance (SOL.D) – 4H
A key level here is 2.41.
If SOL.D breaks this level at the same time as SOL/USDT breaks 168.21, it acts as a strong confirmation for a long position.
---
🔁 SOL/BTC
Another useful chart for context:
✅ 0.001351 has already been broken — a good initial sign.
🔓 A breakout above 0.001424 would provide extra confirmation for a SOL/USDT long setup.
---
💰 TOTAL3 – Altcoin Market Cap (excluding BTC & ETH)
This is crucial for overall altcoin sentiment.
📍 The key level here is 965B.
If this level breaks, it signals strong capital inflow into altcoins — and likely becomes the first trigger for a SOL long position.
---
🎯 What’s the Long Setup All About?
The goal here is not to catch a move at 185 — that’s too risky due to likely fakeouts.
Instead, we want to enter earlier (at 168.21) if momentum supports it, and ride the move safely.
🛠 Plan:
Wait for a 4H candle close above 168.21
Look for volume + momentum confirmation
Use a Stop Buy order above this level to enter
This way, we’ll be in a strong position before the noise starts at 185.
---
🙏 Thanks for reading.
If you found this analysis useful, don’t forget to hit the 🚀 icon and follow for more!
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.
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.