OI is high. Funding was extremely positive this morning; it has since reduced, but still very positive. Longs should be cautious.
TLDR
- Solana reclaimed the previous $61 resistance but uptrend line resistance looms overhead.
- Funding rates spiked heavily, indicating overcrowded Solana longs are vulnerable.
- Open interest remains elevated and likely needs more of a pullback.
- We have our eyes on $52 as a key DCA level on any Solana dip, with will be open to shorting SOL if funding spikes again.
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results. “One Glance” by Cryptonary sometimes uses the RR trading tool to help you quickly understand our analysis. They are not signals, and they are not financial advice.
SOL 12hr
Technical analysis
- SOL has been able to reclaim the horizontal resistance of $61. It’s now important for price to turn this into new support.
- SOL remains beneath its main uptrend line, which is acting as another resistance.
- The RSI has reset on all timeframes except the 3D and Weekly, which remain extremely overbought. These will need to come down at some point.
- If there is a pullback, we would be DCA buyers of SOL at $52.
Market mechanics
- Open Interest is down from its highs of $983m to $908m. In our opinion, this likely needs to come back more.
- The OI-Weighted Funding Rate shot up massively last night and the early hours of this morning to 0.0923% - huge. This indicated that Longs were too overweight and offside. As price has pulled back from $66 to $63, Funding has pulled back to 0.038%. This is still too high, really.
Cryptonary’s take
SOL’s mechanics were very unhealthy this morning, with too many Longs having piled in that Longs were then vulnerable to a squeeze. We’ve seen this reset slightly, but this likely has further to pull back first to shake out the excess leverage.If SOL does pull back, we would add light DCA orders to SOL at $56 and be more aggressive with DCA orders sub $52.
Regarding short-term trades, the opportunity was Shorting SOL at $66 when Funding was majorly positive this morning. If Funding moves up again, this may provide another opportunity for a short-term Short.
Disclaimer: Not financial or investment advice. You are responsible for any capital-related decisions you make
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
