But, OI is at yearly highs, and Funding is 0.03%, so Longs should be wary.
TLDR
- Solana (SOL) found support at $61 and surged to $72. Despite being overbought on major timeframes, the potential for further upside exists.
- Open Interest (OI) hits yearly highs at $1.06b, and Funding is at 0.03%, signalling potential overcrowding in Long positions and vulnerability to a squeeze.
- SOL bounced off $61 support and reclaimed the main uptrend, with new local support at $65 to $66. Overhead resistance at $81 could be the local top.
- SOL may be range-bound between $61 and $81, with overbought conditions on all timeframes.
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 bounce off the $61 support and reclaim the main uptrend.
- New local support would be $65 to $66.
- The overhead horizontal resistance is at $81. We expect this may be the local top of the move.
- The current move is overbought on all timeframes, particularly the 3D and Weekly timeframes.
- SOL is very 50/50 here in terms of direction from a TA point of view. We would expect it to remain range-bound between $61 and $81.
Market mechanics
- Open Interest has kicked back to new yearly highs at $1.06b, with most of the positioning sat in Longs as we speak.
- The OI-Weighted Funding Rate was much higher 24 hours ago, and it has come down to around 0.03%; however, this remains very high and suggests that Longs are relatively overcrowded here and may be vulnerable to a squeeze.
Cryptonary’s take
SOL has been one of the best performers, supported by several really positive airdrops for the community from Solana-based projects.We see SOL being range-bound in the short-term between $61 and $81, and we do not rule out a leverage flush out of Longs that could pull price back 10-15%.
If SOL retests $61, we would look to DCA into that level.
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
