Total Quality
Score
If You Had Traded on This Analysis…
Pending

SOLUSDT
Entry
188.5300
2025-08-16
20:36 UTC
Target
285.6300
Fail
140.0000
Risk / Reward
1 : 2
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Body
The analyst discusses Solana's potential to reach $400-$500 in a parabolic altcoin season, presenting a zoomed-out view from October 2023, when Solana was at around $19, to a peak of $295.83. A retracement to under $100 is mentioned as occurring for a few hours or a day. The analysis uses Fibonacci retracements, noting a move into the "Epic Golden Pocket," suggesting a high probability of reaching take profit levels two and three. Based on the Fibonacci extension, targets in the $400 to $500 range are identified. A shorter-term analysis reveals a double top and a bearish pivot signal, but the analyst points to an inflow of volume as a sign that Solana can hold support. Key levels to watch for a retracement include $182 to $178, with a test of the Epic Golden Pocket dropping the price between $177 and $167. Further drop to $145-$160 also could be possible while keeping the analysis valid. If 150 support holds there is a potential move to $285. If price get to 285 the expert could look for some weakness, stall out, drop down a little bit to test some next level of retracement.