SOL is at the $61 horizontal resistance. A break above could see SOL push onto $69 and then $80. It's hard to call here, but we wouldn't Short.
TLDR
- SOL is facing a key test at $61 resistance; a breakout could trigger a short squeeze.
- With more shorts opening positions, the long/short ratio favours bears.
- The bullish structure is intact unless SOL drops below $52.
- Attractive long-term buy on dips to low $40s.
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 is really on the cusp here; a break above $61 could see a meaningful breakout higher to $69 and even $80.
- $61 is the main horizontal resistance. However, a break above may drive a Short squeeze.
- SOL is also squeezing into the pinpoint of the uptrend line and the horizontal resistance of $61 - the result could be a volatile move here.
- The RSI on more major timeframes remains very overbought on the 3D and the Weekly. Note the 3D has also put in a bearish divergence.
Market mechanics
- Open Interest has moved up again to $850m, just shy of the yearly high set a few weeks back at $933m.
- But, what’s interesting in comparison to BTC and ETH is that the OI-Weighted Funding Rate for SOL has decreased over the last 8 hours, ramping down from 0.016% to 0.010%.
- The Long/Short ratio is 0.9631, indicating more participants have piled into Shorts than Longs. It is a very different setup from BTC and ETH.
Cryptonary’s take
SOL is really interesting here, particularly from a mechanics point of view. We’re seeing more Shorts open into the resistance of $61. These Shorts may be vulnerable to a squeeze, particularly if SOL breaks out of $61.Regarding DCA’ing for SOL, we’ll add to our long-term bags if SOL can pull back to $52 with light DCA Spot buys. If SOL pulls back to $48, we’ll be even more aggressive with our DCA Spot buys down to the low $40s.
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
