๐ SOL Long Trading Strategy โ July 22, 2025 ๐
Solana (SOL) is trading strong around $195โ198, with bullish momentum supported by high on-chain activity and strong fundamentals. Recent data shows 5M+ daily active addresses, 117M+ daily transactions, and TVL near $9B, cementing SOLโs leading position among Layer-1 networks.
SOL Long Trade Plan
Entry Zones:
Initial Buy: $195โ198 (current pivot).
Dip Buy: $185โ190 (near 50D MA).
Deep Buy: $175โ182 (close to 100D/200D MAs).
Breakout Add: Daily close above $200 with strong volume and flat funding.
Targets:
TP1: $200โ205 (psychological resistance).
TP2: $220 (swing target).
TP3: $295 (retest of ATH from Jan 2025).
Stop-Loss:
Swing Stop: Below $180 (between 50D & 100D MA).
Trend Stop: Close below $174 (200D MA).
Cycle Invalidation: Persistent breakdown under $178 with high funding.
Why SOL Looks Bullish?
High Network Activity: Millions of daily users and strong DeFi adoption.
Deflationary Path: Inflation schedule drops yearly, improving supply metrics.
Staking Yield: ~7โ8% APY, attractive for holding.
Technical Trend: Price above all key moving averages; RSI ~67 (healthy momentum).
Pro Tip: Scale in using 25% tranches and trail profits as price approaches targets.
DYOR No Financial advice!