My Report - Saturday 8th November 2025
Exclusive for Gate Square
Buy: Solana (SOL). Current price used for analysis: $164.31.
Trade horizon: ~1 month (target date ≈ Dec 8, 2025)
Primary entry (preferred): $160 – $165 (buy zone / add on pullback).
Aggressive / immediate entry: market (~$164).
Primary exit (conservative one-month target): $180 (≈ +9.5% from $164).
Alternate / breakout target (higher reward if momentum): $200 (≈ +21.7%).
Stop loss: $150 (≈ −8.7% from $164). Tight stop option: $155 (−5.7%) if you want smaller drawdown.
Confidence: Moderate — 60% for the $180 target (because SOL shows support and short-term bullish setups), ~45% for the $200 breakout target (requires follow-through).
Why
$SOL 1. Price & liquidity — SOL is a major L1 with deep liquidity (top crypto market cap, heavy volume). Current price/market data corroborates liquidity to enter/exit within a month.
2. Technical context — recent bounce from the $150 support zone and a break above short-term consolidation suggests a near-term mean reversion / bounce to the next resistance band near $175–$180. Several short-term TA writeups flagged the $150 support and a likely move to $175.
3. Fundamental tailwinds — network upgrades and institutional stories (treasury accumulation, institutional interest) create a plausible catalyst that could amplify a technical breakout within a month.
Technical analysis (step-by-step)
> All price levels are USD, based on live checks on Nov 8, 2025 (current price ≈ $164.31).
1) Trend & structure
Daily trend recently pulled back from earlier highs; intermediate trend shows a correction that found support around $150. Bounce off that level suggests buyers defended it — that support becomes our key invalidation point.
2) Support & resistance
Immediate support: $150 (strong), then $140 (secondary).
Immediate resistance: $175–$180 (first target band), then $200 psychological / round level (secondary target).
3) Moving averages (conceptual)
Short-term MA (e.g., 20–50-day) recently flattened/turning — price trading near the short MA suggests a mean-reversion setup (buying pullbacks). If price holds above 20/50 MA and starts to slope up, the next target is the $175–180 band.
4) Momentum & indicators (qualitative)
RSI on daily likely moved from oversold into neutral/bullish on the rebound (indicating room for a continued bounce but not heavily overbought yet). MACD cross on shorter timeframes would confirm momentum. (Note: I checked short-term TA writeups showing bullish reversal from support.)
5) Volume
Recent volume spikes on up-moves vs lower volume on pullbacks indicate buyer interest; that supports a one-month bounce scenario (watch for higher volume on a breakout above $180).
Trade plan (practical)
Primary (lower risk) plan — preferred
Entry: place limit buys across $160–$166 (scale in). If filled, average price in that range.
Stop loss: $150 (below strong support).
Target (take profit): $180 (set a sell/limit at target). Consider scaling out: 50% at $180, rest at $195–$200.
Rationale: buy the pullback to strong support with a clear stop; target aligns with nearby resistance and gives ~+9% upside with ~−7–9% risk.
Aggressive (momentum) plan
Entry: market at current price (~$164).
Stop loss: $150 (same).
Immediate target: $180; secondary target if volume confirms breakout: $200.
Rationale: If SOL continues higher without another retest of $150, momentum trade aims for the resistance band.
Sizing & risk
Risk per trade: 1–2% of portfolio value (meaning capital allocation such that hitting the stop loses that amount). E.g., if you risk 1% of capital, set position size = (1% of portfolio) / (distance % to stop).
If you’re conservative, reduce size and use tighter stop ($155) for smaller drawdown but lower room to breathe.
[Triggers / invalidation]
Invalidation: daily close below $150 with volume — then the bounce thesis fails and you should exit.
Bull confirmation / add: a daily close above $180 on expanding volume — consider adding or shifting target to $200–$220.
News & catalysts to monitor (this month)
Any Solana network upgrade announcements, major institutional buys/treasury disclosures, or exchange listings. There are already 2025 upgrade roadmaps and some institutional accumulation stories that could serve as catalysts; a positive headline could accelerate the move.
** Risks **
Cryptos are volatile — the trade can swing significantly within the month.
Market-wide selloffs or macro shocks (rates, equities drop, regulatory headlines) can invalidate even technically sound setups.
SOL has had higher correlation to broader risk assets; a heavy BTC-led selloff would likely push SOL below $150 quickly.
Quick checklist (before placing trade)
Set limit orders at $160–166 (or place market buy if aggressive).
Place stop order at $150 (or trailing stop if you prefer).
Place take-profit at $180; consider partial sells (50%) at $180, rest at $195–200.
Monitor volume and BTC direction (BTC falling hard = risk).
#solana 
