By @MDTJ

As Solana continues to be one of the top-performing Layer-1 blockchain assets, short-term traders are eyeing strategic entries and exits for the coming week. Based on five years of historical price action, recent market sentiment, technical indicators, and ongoing ecosystem development, here’s a professional breakdown for Solana’s potential movement over the next 7 days.

Market Overview

Solana has shown resilience, supported by strong on-chain activity, institutional interest, and broader adoption in DeFi and NFTs. While macroeconomic indicators like inflation data and U.S. interest rate expectations can influence overall crypto sentiment, SOL’s native strength and network upgrades are keeping the bulls active.

Technical Outlook

  • Support Zone (Buy Range): $172 – $175

    This level aligns with recent demand zones and Fibonacci retracement support. If price dips here, it presents a high-probability long opportunity.

  • Resistance Levels (Sell Targets):

    • Target 1: $195 – historical resistance

    • Target 2: $205 – potential bullish breakout level

      Traders can scale out between these targets depending on volume and candle structure.

  • Stop-Loss Recommendation: <$167

    A break below this level invalidates the current bullish structure and could invite further downside.

Fundamental Signals

  • Positive Drivers:

    • Increasing TVL and developer activity on Solana

    • New meme coins and DePIN protocols adding network traction

    • Institutional DeFi pilots using Solana-based infrastructure

  • Risks:

    • Macro headwinds from equity selloffs

    • Bitcoin dominance exerting downward pressure on altcoins

    • Regulatory uncertainty in the U.S. impacting sentiment

Trading Strategy

For short-term traders, patience is key. Wait for entry confirmation near the $172–$175 range. Use volume and momentum indicators to avoid fakeouts. Consider laddered exits to manage profits efficiently, especially if SOL approaches $195 or $205. Always maintain a disciplined stop-loss strategy.

Disclaimer: This content is for educational and informational purposes only. Not financial advice. Always do your own research.

Follow @MDTJ for more updates.

$SOL

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