SOLUSDT | Long Bias | Healthy OI + Spot Demand Rising | (May 12, 2025)
1️⃣ Short Insight Summary:
Solana is showing strength with open interest rising alongside spot price—a sign of real buyer demand, not just leverage-driven moves. The setup leans bullish, and shorting here would be risky.
2️⃣ Trade Parameters:
Bias: Long
Entry Zone: Around $144
Stop Loss: $116 (wider SL for structure protection—not for scalping)
TP1: $155
TP2: $178
TP3: $207
Final TP: $288
Partial Exits: Strongly recommended at each target to lock in gains and reduce risk
3️⃣ Key Notes:
✅ Open interest and spot price are both increasing—a sign of healthy demand.
✅ This isn't a time to fight the trend. Probability favors longs here.
❌ Shorting would feel like handing free money to the market—smart risk management is key.
✅ We're not looking to overtrade this—treating it like a swing setup with structure-based levels.
✅ Keep an eye on correlated plays—like the equity Hotel, which is to Solana what MicroStrategy is to Bitcoin. If Solana rallies to $500 (which is optimistic, but possible), names like Hotel could benefit heavily.
4️⃣ Optional Follow-up Note:
I’ll be tracking this trade zone closely and will update if anything major changes in price structure or momentum.
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.