SOLANA the bears have it . SOL
TL;DR
Solana is in maximum bear mode across every timeframe, but I’m not shorting yet! I’ll wait for the 2hr SRSI to climb and only short once the RSI is exhausted and price hits resistance. Here’s my detailed breakdown, actionable zones, and trading mindset.
Quick FLOSCACEI Table
My Technical Read & Raw Thoughts
“Okay, what do I see on Solana? Let’s start from the 1 hour. CMF? Negative. SRSI? It’s trying to reach 80, but I don’t see it happening. TMI? Negative. IDX over D-? Really negative. RSI? Oh my god. Never seen that before. It’s so negative. She’s just fluctuating around 30. MACD? Absolute negative. Histogram? Negative. Price and DMA pattern indicates further drop…”
1H–6H: Pure Bearish
Price is beneath every moving average (DEMA), locked in a waterfall downtrend.
1H–6H MACD: Negative and steepening, no reversal in sight.
RSI: Hugging 30 or below, showing exhaustion but no real bounce yet.
SRSI: Trying to lift, but has no power. When it finally gets up to 80, that’s the bounce I want to short.
DMI/ADX: D- crushing D+ and ADX rising – the trend is relentless.
CMF: Still negative—no buyers, only exits.
12H & 1D: Failed Recovery, New Leg Down
Every bounce attempt is rejected; price dumped back below key DEMAs.
MACD just crossed negative on 12H, about to do the same on 1D. When both line up, bears double down.
RSI plunging to 30 (12H) and 40 (1D). MA follows lower. SRSI at the floor, zero strength.
DMI: D- dominant, ADX catching up, confirming real downtrend strength.
CMF: Negative – this isn’t accumulation, it’s evacuation.
1W: Structure at Risk
DEMAs still negative. Support at 152–160 is now the only thing holding the fort.
RSI and SRSI hint at a breakdown. If RSI crosses under its MA here, the next stop could be 140 or worse.
Stoch RSI finally rolled over at the top – that’s bearish on a big scale.
DMI/ADX: Mixed, but ADX is low—so more volatility and bigger moves possible soon.
My Trading Plan: Patience, Not Panic
“I will not short here for sure. Will wait for the 2hrs SRSI to climb and once RSI is exhausted will enter short.”
Why?
The market is already super-oversold on every timeframe. Shorting into this is asking to get caught by a violent bounce.
Best trades come after relief rallies, when indicators reset and everyone thinks the pain is over.
What I Want to See:
2H SRSI climbs above 60–80: That’s my “get ready” zone.
2H RSI approaches/curls at 50–65: Shows bulls are getting tired, perfect short setup.
MACD flips negative as SRSI tops: Double confirmation.
Price tags resistance (from FLOSCACEI table): I’ll pull the trigger there.
Condition Action 2H SRSI climbs above 60–80 Get ready 2H RSI nears/curls at 50–65 Watch closely MACD momentum flips negative Enter short SRSI rolls over at the top Confirm entry Price at resistance Short!
If RSI can’t even get above 50 on the bounce, that’s actually MORE bearish – I’ll short earlier!
Final Thoughts & Takeaways
Every indicator is max bearish – but that means wait, not chase.
Let the market bounce, let late shorts get rekt, then pounce with the trend.
Key supports to watch: 152–150. If they break, 140 comes fast.
“Patience pays the bear. Bounces are gifts. Wait for exhaustion, then go for the kill.”
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📜 Disclaimer
The content in this publication is for informational and educational purposes only and does not constitute financial, investment, or trading advice. I am not a licensed financial advisor.
Any opinions, strategies, or analyses shared reflect my personal views and experiences. I may hold positions in the cryptocurrencies mentioned (e.g., BTC, ETH, SOL), which could influence my perspective.
Cryptocurrency markets are highly volatile and involve significant risk. Always do your own research and consult a licensed financial advisor before making any investment decisions.
No guarantees are made regarding the accuracy, completeness, or profitability of any information provided. All opinions are subject to change as new information becomes available.
This content is intended for a general audience and may not comply with regulatory standards in your specific country or region. Invest responsibly.
