Solana (SOL) Market Overview – April 17, 2025As of April 17, 2025, Solana (SOL) is trading at approximately $134.55 USD, reflecting a 5.48% increase from the previous close.
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📈 Technical Analysis
Price Action & Momentum:
• Recent Performance: SOL has rebounded from lows near $120 to around $134.55, positioning itself as one of the top-performing altcoins recently.
• Support & Resistance Levels:
• Immediate Support: $120 – Crucial for sustaining the current bullish momentum.
• Resistance Zone: $133 – $135 – A breakout above this range could unlock further upside.
Key Indicators:
• RSI: 53.90 – Neutral momentum
• MACD: -3.01 – Slightly bearish
• Stochastic Oscillator: 92.14 – Overbought territory
• ADX: 19.10 – Weak trend strength
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🧭 Fundamental Analysis
Network Strength:
• High Throughput & Low Fees: Solana continues to dominate with its scalable and low-cost blockchain infrastructure.
Institutional Interest:
• ETF Activity: Five ETF filings as of March 2025 highlight increased institutional trust in Solana.
Market Sentiment:
• Fear & Greed Index: 29 – Market is in “Fear” zone, potentially creating long-term buying opportunities.
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🔍 Summary
Solana is showing bullish recovery signs driven by positive price action and ETF momentum. However, technicals suggest a cautious approach in the short term due to overbought signals and weak trend strength. Fundamentally, Solana’s powerful infrastructure and institutional support could fuel long-term growth.
SOLUST trade ideas
Elliott Wave Update – Structure OverviewBINANCE:SOLUSDT
We may have found a potential local bottom at yellow Wave A, and are now tracking a move towards yellow Wave B.
This yellow Wave B appears to be unfolding as a 1-2-3-4-5 structure:
Waves 1-2-3 are likely completed.
Waves 4 and 5 could still be ahead.
This full impulse may form part of a larger A-B-C correction, completing the final yellow Wave B.
In the black wave count, the 1-2-3 move is finished.
Within Wave 3, we saw a clean internal 1-2-3-4-5, confirming the completion of that wave.
Currently, I’m tracking the move from black Wave 3 to black Wave 4 as a developing A-B-C correction:
Wave A is potentially in.
We are now in the resistance zone of Wave B, which could lead to the final drop into Wave C.
After completing Wave 4, I expect an upward move into black Wave 5, starting with an initial A-wave.
This should then form another A-B-C structure, leading to the completion of the final yellow Wave B.
SOLUSDT Monthly Chart Analysis Review:📢 TradingView Publish Template (in English):
Title:
🚀 SOLUSDT Monthly | Long-Term Accumulation to $478? | 10:1 R/R Setup
Description (English):
SOLANA is forming a strong higher low on the monthly chart and currently sitting around the 0.382 Fibonacci retracement zone (~$135).
✅ Entry Zone: $130–140
🔻 Stop Loss: $98 (below the last support)
🎯 Take Profit 1: $295
🎯 Take Profit 2: $478 (1.618 Fib Extension)
💎 Long-term structure remains bullish as the asset consolidates above key support. This is a high reward / calculated risk setup with a potential 10:1 Risk-to-Reward ratio.
🚨 As always, manage risk and use proper position sizing. Not financial advice – for educational purposes only.
SOL – Small pullback to then grab the liquidity?This 1H chart of SOLUSDT on Bybit showcases a clean bullish continuation setup after a strong impulsive move upward. The current price action suggests a strategic retracement into a high-probability zone of interest before a potential continuation toward buy-side liquidity.
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1. Market Structure & Context:
- SOL has shifted market structure to the upside following a strong impulse that broke previous lower highs.
- The current pullback resembles a classic bullish retracement, aligning with smart money concepts where price revisits inefficiencies and discount zones before continuation.
- The low on the retracement appears to be forming a higher low relative to the previous structure.
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2. Fair Value Gap (FVG) + Golden Pocket Zone:
- The blue box represents a clear Fair Value Gap created during the recent rally — a price imbalance often targeted for entries by institutions.
- Overlaying that zone is the Fibonacci golden pocket (0.618–0.65), a highly reactive retracement area in bullish moves.
- The confluence of FVG and the golden pocket makes this a powerful demand zone, supported by historical order flow behavior.
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3. Fibonacci Levels & Price Action:
- 0.618–0.65 zone: Ideal entry region during bullish retracements. Price is currently reacting within this band.
- 0.786 level: A deeper retracement level that still supports bullish continuation if respected — though it marks the edge of the current FVG.
- The equilibrium between these levels represents a discount area for accumulation.
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4. Liquidity Outlook – Buy-Side Liquidity (BSL):
- A clear BSL (Buy-Side Liquidity) sits above the previous local high.
- Price is likely to target this level as the next point of liquidity collection once the retracement completes.
- The green arrowed path shows the anticipated flow: a short-term dip into the FVG before a bullish move to sweep the BSL.
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5. Trade Narrative:
- This setup reflects an entry based on optimal trade theory — retracement into a zone of inefficiency and discount (FVG + golden pocket).
- Bullish continuation is expected if this zone holds, especially with confluence from market structure and resting liquidity overhead.
- Ideal confirmation may involve lower timeframe bullish breaks of structure inside the FVG.
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Summary:
SOL is offering a textbook retracement setup on the 1H, with price pulling back into a confluence of a Fair Value Gap and golden pocket (0.618–0.65). If the zone is respected, the next likely destination is the buy-side liquidity resting above previous highs. The reaction within this area will be key to validating the bullish scenario.
SOLUSDT – Ready for Liftoff? Bull Flag Breakout in Progress!!🚀 SOL Ready for Liftoff? 🌕
SOL just broke out of a beautiful falling wedge on the daily timeframe — a classic bullish reversal pattern 🕊️
📈 After months of downtrend, we’re now seeing early signs of structure flipping and price reclaiming key zones.
Here’s my bullish roadmap:
🔹 First Target Zone: $180 (testing previous support turned resistance)
🔹 Second Target: $220 (mid-range liquidity grab)
🔹 Final Destination (Q2/Q3): $272 🏁
Support Levels to Watch 🛡️
📍 Current structure holding near $130
📍 Second support around $180
📍 Third support flip near $260 – key for sustained rally
💡 Why I'm Bullish:
✅ Breakout from wedge pattern
✅ Strong support base
✅ Higher lows forming
✅ Volume beginning to build 📊
✅ Momentum indicators turning up (MACD crossover on watch) 🔍
🔥 The rocket is fueling up — let’s see if SOL can fly past resistance and make it to the moon 🌕
#SOL #Solana #BreakoutSetup #Bullmaster #CryptoTrading #Altseason #RocketFuel #TechnicalAnalysis 🚀📈
SOLANA I Monthly CLS I KL - OB I Model 1 , Target 50% than CLSHey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution.
🧩 What is CLS?
CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets.
✅ Understanding the behaviour of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits.
🛡️ Models 1 and 2:
From my posts, you can learn two core execution models.
They are the backbone of how I trade and how my students are trained.
📍 Model 1
is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range.
📍 Model 2
occurs in the specific market sequence when CLS smart money needs to re-accumulate more positions, and we are looking to find a key level around 61.8 fib retracement and target the opposing side of the range.
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
⚔️ Listen Carefully:
Analysis is not trading. Right now, this platform is full of gurus" trying to sell you dreams based on analysis with arrows while they don't even have the skill to trade themselves.
If you’re ever thinking about buying a Trading Course or Signals from anyone. Always demand a verified track record. It takes less than five minutes to connect 3rd third-party verification tool and link to the widget to his signature.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
DeGRAM | SOLUSD Testing the Demand Zone📊 Technical Analysis
Support and Uptrend
SOL/USDT has formed higher lows along the uptrend line and is now testing the $120-125 support area.
Resistance area
Key resistance is at $135; a breakout could trigger an acceleration of the upside.
Outlook Scenario
Price may retest the $135 level in the near term, with bullish momentum strengthening.
💡 Fundamental Analysis
Solana is gaining momentum thanks to growing DeFi volume and high developer activity, which boosts investor confidence.
✨ Summary
Technical and fundamental signals coincide - watch $135 for breakout confirmation.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Give me some energy !!!The price has broken the wedge, and in my opinion, it could form a head and shoulders pattern before experiencing significant growth.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Solana (SOL): Possible Quick Liquidity Grab To 200EMAWe are seeing some bullish volume to build near the local support zone where we might see similar movement like we did on the 2nd of March on the SOL coin.
We are waiting here for our entry (where we should see a break of structure) to form, which then would give us a good upward movement of 8% to catch!
Swallow Team
SOL/USDT Ranging and ranging...The price is overall in sell trend and since the candle here made a big wick to the upside theres a chance of another fakeout....now i dont believe the market will just turn around but i am sure that since its a sell range that its possible it will come back for another touch to the upside sooner or later.
Hitting 126 Short Sol NowVwap plus Daily volume profile has been confirmed that the price will drop to 126 so you can cal with high leverage amount as you can see the Bearish candle has been made that’s another confirmation,plus We Fib levels has been Reacting as Resistance Now, Cipher is showing Significant momentum waves heading towards town.
Tp would be 126
#SOL/USDT#SOL
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 95.
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 108.50
First target: 114.06
Second target: 119
Third target: 127
Do You Know the Difference Between an Indicator and a Strategy?A lot of traders jump into Pine Script or apply a script on TradingView without understanding one key difference:
Indicators and Strategies are not the same — especially when it comes to real-time performance and backtesting.
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What’s the Key Difference?
Indicators
Indicators are visual tools designed to help you analyze price action in real time . They do not track trade performance or simulate trades automatically.
You can use them to:
- Generate signals
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- Set custom alerts
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Best for: Chart analysis, signal confirmation, and manual or semi-automated alerts.
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Strategies
Strategies are built for backtesting . They simulate how your trade logic would have performed historically, using `strategy.entry`, `strategy.exit`, and related functions.
They automatically calculate:
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- Drawdowns
Best for: Validating trade logic, optimizing entries and exits, performance tracking.
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But Here’s the Catch
Many traders assume that once a strategy backtest looks good, it will behave exactly the same in live trading. This assumption can lead to poor decision-making.
❌ Why Forward Testing Isn't Perfect
When you set alerts based on a strategy, you're asking a backtest engine to behave like a live trading engine — and that’s not what it was designed for.
TradingView strategies:
- Only execute on candle close
- Do not simulate intrabar price action
- Do not account for slippage
- Do not reflect real-time market volatility
So:
- Your strategy alert may fire late compared to actual price movement
- Your SL/TP may be hit within a candle, but the strategy won’t know until close
- You may see better backtest results than what happens live
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Takeaway
If you're using strategies with alerts, it’s critical to understand these constraints:
TradingView’s strategy engine is optimized for historical testing, not for real-time execution. It provides insight into the validity of your logic — but it’s not a replacement for a live execution engine.
Best Practice Recommendations:
- Always forward-test on a demo or paper account first
- Monitor how alerts perform in real-time
- Be ready to adjust parameters based on your asset and timeframe
If you need better responsiveness or real-time adaptability, consider using indicators to generate your alerts. Indicators react to price in real time and are often more suitable for live market conditions.
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Final Note
Some strategies are built with these limitations in mind. They can still be useful in real-time trading as long as you're aware of how they work.
Transparency is key. Backtesting is a guide, not a guarantee.
Trade smart, stay informed.
Feel free to reach out if you have questions or insights to share!