While the retail crowd thinks Solana's recent 2% recovery is the start of a massive breakout, the 4-hour chart is setting up a textbook short retest of its selling order block with an asymmetric 1:5 risk-to-reward ratio. 🚨
Current Structure:
Price: $97.87
Reaction: Rebounded a minor +2.14% from its local low ($95.82) after a -10.75% dump from its local peak ($107.36).
Pattern: Corrective Relief Rally inside a descending channel.
Bias: Bearish below the $101.44 resistance zone.
"The Level That Decides Everything":
The $101.52 - $102.86 Selling Order Block. Bids are queued at the $101.44 entry price. If this supply zone rejects the relief rally, it clears the way for a deeper correction to take out local swing support. A daily close above $104.94 invalidates the setup.
Targets: Target One at $94.69, Target Two at $83.93.
The Move So Far:
Dumped -10.75% from its $107.36 local high to its $95.82 low. On the macro scale,
SOL is down 66.75% from its $294.33 All-Time High (Jan 2025) and up a massive +19,442.73% from its $0.5008 All-Time Low (May 2020).
Fundraising Breakdown:
Total Raised: $359.7 Million across 7 funding rounds.
Key Rounds: Private seed sale raised $3.17 Million (price $0.04), Series A raised $20 Million, and the private sale in June 2021 raised $314.15 Million led by Andreessen Horowitz (a16z).
ICO/IEO Entry Prices:
Public ICO on Coinlist (March 2020) raised $1.76 Million at an entry price of $0.22. Early ICO participants are currently sitting on a massive ~445x return on investment.
Unlock Pressure Ahead:
Locked Supply: 0% locked. Solana is fully unlocked, meaning all legacy team, founder, and seed rounds are completely circulating.
Supply Mechanics: Programmatic inflation is the sole driver of new supply. On August 28, 2026, the SGP-0002 "Double Disinflation" vote passed (67.001% approval), doubling annual disinflation from 15% to 30%, which massively accelerates its path to a 1.5% terminal floor.
Key Levels:
Resistance 1 / Resistance 2: $101.52 / $102.86
Entry: $101.44 (SHORT setup)
Support (range): $94.69 - $83.93
Invalidation / Stop Loss: $104.94
Closing Thesis:
Solana’s tokenomics are now fully unburdened by legacy VC unlock cliffs, and the network’s successful "Double Disinflation" vote significantly reduces future dilution. However, technicals rule the short-term. The 4-hour relief rally is running straight into an aggressive overhead selling block. Rejection at $101.44 sets up a perfect 1:5.00 short trade down to $83.93. Below it, the bearish thesis is locked in. 🎯
Bearish below $101.44. Above it, the story flips.
Not Financial Advice. ALWAYS DYOR.
Current Structure:
Price: $97.87
Reaction: Rebounded a minor +2.14% from its local low ($95.82) after a -10.75% dump from its local peak ($107.36).
Pattern: Corrective Relief Rally inside a descending channel.
Bias: Bearish below the $101.44 resistance zone.
"The Level That Decides Everything":
The $101.52 - $102.86 Selling Order Block. Bids are queued at the $101.44 entry price. If this supply zone rejects the relief rally, it clears the way for a deeper correction to take out local swing support. A daily close above $104.94 invalidates the setup.
Targets: Target One at $94.69, Target Two at $83.93.
The Move So Far:
Dumped -10.75% from its $107.36 local high to its $95.82 low. On the macro scale,
SOL is down 66.75% from its $294.33 All-Time High (Jan 2025) and up a massive +19,442.73% from its $0.5008 All-Time Low (May 2020).Fundraising Breakdown:
Total Raised: $359.7 Million across 7 funding rounds.
Key Rounds: Private seed sale raised $3.17 Million (price $0.04), Series A raised $20 Million, and the private sale in June 2021 raised $314.15 Million led by Andreessen Horowitz (a16z).
ICO/IEO Entry Prices:
Public ICO on Coinlist (March 2020) raised $1.76 Million at an entry price of $0.22. Early ICO participants are currently sitting on a massive ~445x return on investment.
Unlock Pressure Ahead:
Locked Supply: 0% locked. Solana is fully unlocked, meaning all legacy team, founder, and seed rounds are completely circulating.
Supply Mechanics: Programmatic inflation is the sole driver of new supply. On August 28, 2026, the SGP-0002 "Double Disinflation" vote passed (67.001% approval), doubling annual disinflation from 15% to 30%, which massively accelerates its path to a 1.5% terminal floor.
Key Levels:
Resistance 1 / Resistance 2: $101.52 / $102.86
Entry: $101.44 (SHORT setup)
Support (range): $94.69 - $83.93
Invalidation / Stop Loss: $104.94
Closing Thesis:
Solana’s tokenomics are now fully unburdened by legacy VC unlock cliffs, and the network’s successful "Double Disinflation" vote significantly reduces future dilution. However, technicals rule the short-term. The 4-hour relief rally is running straight into an aggressive overhead selling block. Rejection at $101.44 sets up a perfect 1:5.00 short trade down to $83.93. Below it, the bearish thesis is locked in. 🎯
Bearish below $101.44. Above it, the story flips.
Not Financial Advice. ALWAYS DYOR.
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🚨 GET FREE CRYPTO SIGNALS & LIVE UPDATES!
📲 Join our Telegram channel:
👉 t.me/coinpedia_markets
📈 Track Live Crypto Prices:
👉 markets.coinpedia.org/
⚡ Don’t miss the next market move — tap in now!
📲 Join our Telegram channel:
👉 t.me/coinpedia_markets
📈 Track Live Crypto Prices:
👉 markets.coinpedia.org/
⚡ Don’t miss the next market move — tap in now!
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。