Another flawless execution! 📉 Our short trade on BNB played out beautifully, hitting all targets with precision. The rejection from the $625-$628 resistance zone confirmed bearish momentum, leading to a sharp drop below $600.
I have requested more than 24% since its peak where I bought at 1.27 USD, now it is at 0.96 and continues to drop, a disaster for my operation
Pampa1
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🚀 BNX's Epic 900% Rally! 🤯 What's the Next Big Move? 🚀
$BNX
Hey Binance Square fam! 👋 Remember BNX's incredible +900% run? 📈 It was a wild ride! But now, after hitting a peak of $1.3333, BNX is in a downtrend, and we need to figure out what's next! 🤔 Recap of BNX's Phenomenal Run 🤩 BNX skyrocketed +900% in just 19 days, completing a 5-wave Elliott Wave structure. It was a textbook example of a massive bullish move! 🚀 Current Situation: Downtrend and Key Levels 📉 Since the peak, BNX has been in a downtrend and is now approaching the crucial $1.00 psychological support level. Let's break down the key levels to watch: * $1.00 Psychological Support 🧠: A critical level that could act as a bounce point. * $0.9387 (Weekly Open & POC) 🎯: This level aligns with the weekly open and the Point of Control (POC) from the previous trading range, making it a crucial support. * $0.8278 (Liquidity Pool) 💧: Significant liquidity below this level, making it a potential target for stop hunts before a reversal. * $0.7333 (0.5 Fibonacci Retracement) 📐: Measuring the full +900% move, the 50% retracement aligns near a key support zone. * $0.7076 (Weekly Bullish Order Block) 🧱: A historical area of demand, adding further confluence. * $0.7250 (1.272 Fibonacci Extension) 📏: Another confirmation of a potential bounce area. * $0.6675 (Anchored VWAP) ⚓: Dynamic support from the anchored VWAP, strengthening the buy zone. * 0.618 Fibonacci Speed Fan 💨: If the price drops towards this level by late February, it could provide additional confluence for a bounce. Potential Trade Setup: Bullish Scenario 🐂 If the price sweeps the $0.8278 liquidity and enters the $0.7333 - $0.7076 demand zone, a long opportunity with confirmation could offer a great risk-to-reward trade. 📈 Let's Chat! 🗣️ What are your thoughts on BNX's next move? Do you see a potential bounce from these levels? What are your key support and resistance levels? Share your insights and let’s discuss! 👇 Remember, this is just my analysis, and it's not financial advice. Always do your own research (DYOR) before investing. Let's support each other and make smarter trading decisions! 💪✨ #BNX #CryptoTrading #ChartAnalysis #TechnicalAnalysis #TradingTips #CryptoCommunity #BinanceSquare #DYOR #TradingSignals #Bullish #Fibonacci Key Improvements: * Engaging Headline: Uses emojis and strong language to grab attention. * Friendly Tone: Uses conversational language and shares personal observations. * Clear Information: Breaks down the chart and analysis in a simple way. * Emphasis on Key Levels: Highlights the crucial support and resistance levels. * Call to Action: Asks for feedback and encourages interaction. * Relevant Hashtags: Increases visibility and reach. * Focus on Potential Trade Setup: Provides a clear bullish scenario. * Information Gathering: All information is based on the image provided and general knowledge of the subject matter. Let me know if you'd like any adjustments! 😊
$BNX /USDT is attempting a recovery after hitting a low near $1.1517. The price remains under pressure but could break out if key resistance levels are surpassed.
Key Levels to Watch
Support: $1.1500 – Holding above this level keeps the uptrend intact
Resistance: $1.1900 – A breakout here could trigger further gains
Please help me to know how far Solana will fall, I have invested all my savings in this cryptocurrency my entry point was 195
TheCryptoShinobi
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Bearish
SELL everything ! The crypto market is going to dump significantly very soon. With the charts breaking major support levels, the market including$BTC and $SOL
My prediction I had already predicted the fall since my last few posts. The market is following my predictions.
Continue shorting your positions, incase you are holding loss positions in fundamentally weak coins or meme coins such as trump, Book immediately and remove your remaining funds.
We are going to see Sol and BTC at 85k and 160 usd each very soon
Solana is garbage, it made me lose a lot of money in this unexpected manipulated correction
MRTayea
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🚨 WILL SOLANA EVER BOUNCE BACK OR IS IT GAME OVER? 🚨
Solana just crashed 15%, dipping to $164—and now the big question is: Is this just another shakeout, or is Solana done for good?
Some are already calling it the end. But is it really over? Let’s break it down.
Why is SOL Getting Wrecked?
🔻 Scammers & Rug Pulls – Projects like LIBRA and MELANIA vanished, stealing millions. If Solana becomes known as the "Wild West," serious investors might walk away.
🔻 On-Chain Activity Dropping – Fewer transactions, less volume, and cooling DeFi interest. If the hype dies, $SOL could bleed slowly instead of bouncing.
🔻 Network Outages & Reliability Issues – Solana is fast, but does that matter if the network goes offline?
💡 Here’s what most traders don’t realize: When the crowd panics, smart money prepares.
Could This Be a Setup for a Massive SOL Comeback?
🔥 THE CASE FOR A SOLANA RECOVERY: ✅ It’s still one of the fastest & cheapest chains. If Ethereum gas fees spike again, SOL demand could surge. ✅ Big names like Visa & Helium are still here. If major players believed it was dead, they’d be gone already. ✅ The market loves comebacks. Remember when $ETH crashed 95% in 2018? Look at it now.
⚠️ THE CASE FOR SOLANA COLLAPSING: 🚨 If network failures continue, developers might move to chains like Aptos & Sui. 🚨 A loss of momentum means traders and institutions could shift their money elsewhere. 🚨 If it breaks below $140, we could see a real crash.
How to Trade This Like a Pro
💰 For Dip Buyers: 🔹 Watch for strong support at $150–$165—this could be the bounce zone. 🔹 Profit targets? $185 and $210.
🛑 For Long-Term Holders: 🔹 If Solana can’t reclaim $180–$190 soon, be careful. A long downtrend could follow. 🔹 Developer activity is key—if they stay, SOL stays.
👀 For the Cautious: 🔹 If SOL drops below $140, expect more pain. 🔹 No rush—wait for confirmation before going all in.
One thing is certain—$SOL has survived massive hits before. Can it do it again?
Just like the price is falling just like a memecoin
CryptoTalker
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Bullish
Why does Solana Speeds Like a Bullet ? $SOL
Solana (SOL) is considered one of the best cryptocurrencies by many due to its high-speed transactions, low fees, and strong ecosystem. Here’s why it stands out:
1. High-Speed Transactions
Solana uses a unique consensus mechanism called Proof of History (PoH) combined with Proof of Stake (PoS), allowing it to process up to 65,000 transactions per second (TPS). This is significantly faster than Ethereum (~30 TPS) and Bitcoin (~7 TPS).
2. Extremely Low Fees
Transaction fees on Solana are usually less than $0.01, making it much more cost-effective than Ethereum, where gas fees can sometimes reach hundreds of dollars during network congestion.
3. Strong Ecosystem & Developer Adoption
Solana has a rapidly growing ecosystem that includes:
DeFi platforms like Raydium and Serum
NFT marketplaces such as Magic Eden
Gaming and Metaverse projects
Meme coins and community-driven tokens like Bonk
4. Scalability Without Layer 2 Solutions
Unlike Ethereum, which relies on Layer 2 solutions (like Arbitrum and Optimism) to scale, Solana is natively scalable, meaning its base layer can handle a massive number of transactions without additional networks.
5. Strong Institutional and Developer Support
Major projects, venture capital firms, and even some traditional finance institutions have shown interest in Solana. It’s backed by companies like Jump Trading and a strong developer community.
6. Solana Pay & Real-World Use Cases
Solana has introduced Solana Pay, a payment system enabling instant and nearly feeless transactions. Merchants and businesses are beginning to adopt this for real-world payments.
7. Continuous Innovation & Upgrades
Despite past network outages, Solana’s developers are actively improving the blockchain. The Firedancer upgrade, developed by Jump Crypto, aims to make Solana even more resilient, faster, and decentralized.
The post Solana (SOL) Price Prediction for February 18 appeared first on Coinpedia Fintech News
Solana (SOL), the world’s fifth-largest cryptocurrency by market cap, failed to hold strong and is now poised for a price drop. The current market sentiment appears bearish, with major assets experiencing notable declines. SOL has also broken below its crucial support level of $180.
Solana (SOL) Price Action and Upcoming Level
According to expert technical analysis, SOL has been gaining support from this crucial level since November 2024 and has tested it multiple times.
Source: Trading View
However, this time, as the asset fails to sustain, it loses this key level and closes a daily candle below $180, partially confirming a bearish move ahead. Based on recent price action and historical patterns, there is a strong possibility that SOL could witness a 15% price drop, reaching the $155 level in the coming days.
$115 Million Worth SOL Outflow
Following this notable breakdown, investors and long-term holders have been accumulating SOL tokens, as reported by the on-chain analytics firm Coinglass. Data from spot inflow and outflow reveal that exchanges have witnessed a significant outflow of $115 million worth of the asset, indicating potential accumulation.
Source: Coinglass
In this bearish market trend, such outflows can create buying pressure and potentially lead to a price rebound.
However, intraday traders appear to be following long-term holders, as they seem to be betting on the long side.
$45 Million Worth Long Bet
Data shows that traders holding long positions are strongly dominating the asset and are over-leveraged at $174.3, with $45 million worth of long positions. With such significant open positions, this level acts as a crucial support.
Conversely, $180 is another key level where traders holding short positions are over-leveraged, with $15.50 million worth of short positions. This suggests that short sellers are exhausted, which could help bulls reclaim the lost support level.
Source: Coinglass Current Price Momentum
SOL is currently trading near $177 and has experienced a 6% price drop in the past 24 hours. During the same period, its trading volume surged by 110%, indicating heightened participation from traders and investors amid the price decline.
Main currencies bleeding is a bit disappointing but typical for this day tomorrow there should be a readjustment or something similar then it falls again on Friday
"This Solana Price Correction Could Make You a Millionaire – Here’s Why!" 🚀💰 $SOL
📉 Current Market Status: Solana (SOL) has faced a price correction, but history shows that smart investors accumulate during dips. Could this be the golden opportunity to turn thousands into millions?
📊 Solana Fundamentals – Why It’s a Game Changer: ✅ High-Speed Blockchain: Solana processes 65,000+ TPS with near-zero fees, making it one of the fastest in the industry. ✅ Expanding Ecosystem: DeFi, NFTs, and Web3 apps continue to thrive on the Solana network. ✅ Institutional Backing: Big players are accumulating SOL, signaling confidence in its long-term potential. ✅ Scalability & Security: Solana’s unique proof-of-history (PoH) consensus ensures speed, efficiency, and decentralization.
📈 Technical Outlook – A Reversal on the Horizon? 🔹 Support Zone: $80-$90 (Accumulation phase) 🔹 Breakout Levels: A move past $120 could ignite a strong rally. 🔹 Bullish Targets: If momentum builds, SOL could revisit $150-$200+ in the next bull cycle. 🔹 Volume Surge: Rising buy pressure indicates whales are stepping in.
💡 Millionaire Potential? If Solana reclaims its all-time high ($260+), an investment at today’s levels could 3X in value. In a full-fledged bull market, SOL could soar even higher—potentially turning early investors into millionaires!
🔔 Final Thought: Crypto wealth is built by those who buy when others hesitate. Solana’s price dip could be the ultimate chance to secure life-changing gains! 🚀
Current Price: $0.6140 ✅ TP1 HIT ✅ TP2 HIT 🎯 Final TP Almost There!
Patience has finally paid off! After an intense 64-hour wait, we are deep in profits as LAYER/USDT follows our predicted path flawlessly. This is why strategy > emotions in trading.
📉 Entry was perfect, execution precise, and risk management on point. 🚀 Final TP is just inches away – locking in gains as we go!
🔔 Did you ride this trade with us? Comment below! #CryptoSignals #TradingSuccess #Binance #LAYER #CryptoTrading