{"id":60733,"date":"2025-11-27T15:31:44","date_gmt":"2025-11-27T15:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60733"},"modified":"2025-11-27T15:31:44","modified_gmt":"2025-11-27T15:31:44","slug":"is-the-bottom-in-for-solana-analysts-call-nupl-reversal-cup-and-handle-pattern-emerges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60733","title":{"rendered":"Is The Bottom In For Solana? Analysts Call NUPL Reversal, Cup and Handle Pattern Emerges"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">Crypto traders can now breathe a sigh of relief. After the pounding of the better part of November, Bitcoin, Solana, and some of the top cryptos to buy are ticking higher.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Specifically, Solana crypto is inching closer to $150, retesting a key resistance level when writing. Even though the path of least resistance is still southwards, a high volume breakout above local liquidation zones could see SOL USDT erupt to $170 and higher.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As Solana stabilizes, some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">top meme coins<\/span><\/a><span data-preserver-spaces=\"true\"> running on the modern chain are also firm. TRUMP crypto, Pengu, WIF, and Fartcoin are in the green. So far, the total market cap of Solana meme coins is up 2% to $5.7 billion.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-313553 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151.png\" alt=\"Solana crypto may be forming a bottom after weeks of pounding. Will Solana ETFs with staking drive the SOL USD price?\" width=\"1369\" height=\"758\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151.png 1369w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151-300x166.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151-1024x567.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151-768x425.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131416.151-50x28.png 50w\" sizes=\"auto, (max-width: 1369px) 100vw, 1369px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/categories\/solana-meme-coins\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Coingecko<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">The 12+ Hottest Crypto Presales to Buy Right Now<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Is Solana Crypto Bottoming? Next Target $200?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">If SOL USDT breaks above $150, it will be sufficient confirmation that bulls are back in control.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">From the SOL USDT daily chart, the local support is at around $120, a level retested on November 21. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As traders feared the worst, expecting a complete collapse back to $100 and even below this round number, prices snapped back over the weekend. The result was a triple-bar bullish reversal pattern backed by decent trading volume. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_69286d285b539\" data-coin-id=\"sol-solana\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_69286d285b539-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_69286d285b539-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_69286d285b539-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_69286d285b539-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_69286d285b539-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_69286d285b539-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_69286d285b539-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_69286d285b539-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_69286d285b539-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_69286d285b539-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_69286d285b539-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_69286d285b539-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For the better part of this week, buyers have been dominant, and trading volume high but still lower than last week\u2019s. Even with this leg up, SOL USDT is still confined within a descending channel, as clear in the daily chart.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Technically, one analyst notes that SOL USDT has printed a clear cup and handle formation.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/pbs.twimg.com\/media\/G6sbsy2XEAAC7Jo?format=jpg&amp;name=4096x4096\" alt=\"Solana crypto may be forming a bottom after weeks of pounding. Will Solana ETFs with staking drive the SOL USD price?\" width=\"2673\" height=\"1258\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CryptoCurb\/status\/1993718896311034178\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">CryptoCurb, X<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Presently, Solana crypto is at the bottom of the \u201chandle,\u201d and once it snaps above $300 or all-time highs, SOL USDT can easily fly to $2,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another analyst notes that leverage traders and speculators have been flushed out. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With net unrealized profit\/loss (NUPL) \u2014 a measure of the profitability of SOL\u2019s owners at current prices \u2014falling for the better part of November, weak hands capitulated, paving the way for <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">strong hands<\/span><\/a><span data-preserver-spaces=\"true\"> to step in and stabilize prices. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Solana <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SOL<\/a> usually bottoms when investors capitulate\u2026 <\/p>\n<p>And for the past two weeks, that\u2019s exactly what\u2019s been happening. <a href=\"https:\/\/t.co\/UhhK7awBUQ\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/UhhK7awBUQ<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1993778787767787711?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 26, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Based on this alone, SOL USDT, he notes, has bottomed, and the only way from now is UP.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">16+ New and Upcoming Binance Listings in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Big Boys Driving SOL USD Prices, Spot Solana ETFs With Staking The Future?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">While candlestick arrangement may provide a hint of where prices are headed next, fundamental factors do determine the pace of bullish or bearish moves.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">By the close of November 26, most funds bought spot crypto ETFs. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While spot Solana ETFs saw net redemptions, mostly via 21Shares, funds have been buying spot Solana ETFs since October 28. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After 30 days of steady inflow, which pushed the total net assets under management to $917M, only $8.1M were redeemed yesterday. <\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-313552 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355.png\" alt=\"Solana crypto may be forming a bottom after weeks of pounding. Will Solana ETFs with staking drive the SOL USD price?\" width=\"1216\" height=\"524\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355.png 1216w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355-300x129.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355-1024x441.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355-768x331.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-27T131623.355-50x22.png 50w\" sizes=\"auto, (max-width: 1216px) 100vw, 1216px\"><\/p>\n<p><span data-preserver-spaces=\"true\">(Source: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/sosovalue.com\/assets\/etf\/us-sol-spot\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">SosoValue<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the days ahead, SOL Strategies CEO, Michael Hubbard, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/decrypt.co\/349729\/crypto-treasuries-fading-staking-etfs-eat-their-lunch-sol-strategies-ceo\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">believes<\/span><\/a><span data-preserver-spaces=\"true\"> more firms will prefer HODLing spot Solana ETFs with staking. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">So far, the Bitwise\u2019s and Grayscale\u2019s offerings allow for the staking of the underlying SOL. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Staking allows investors to earn a share of a near-risk-free yield, incentivizing participation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although SOL Strategies currently holds <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/treasuries\/solana\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">over 523,000 SOL<\/span><\/a><span data-preserver-spaces=\"true\">, its CEO believes that crypto treasuries won\u2019t be sustainable and that staking ETFs are \u201cgoing to eat their lunch.\u201d<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">10+ Next Crypto to 100X In 2025<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0<\/span><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Is The Bottom in For Solana Crypto? Analysts Call NUPL Reversal<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">SOL USD price finds support above $120<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Will Solana crypto surge above $150?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">NUPL fell, flushing out weak hands<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Spot Solana ETFs with staking to drive SOL USDT above $300?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/is-the-bottom-in-for-solana-crypto-analysts-call-nupl-reversal\/\">Is The Bottom In For Solana? Analysts Call NUPL Reversal, Cup and Handle Pattern Emerges<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto traders can now breathe a sigh of relief. After the pounding of the better part of November, Bitcoin, Solana, and some of the top cryptos to buy are ticking higher. Specifically, Solana crypto is inching closer to $150, retesting a key resistance level when writing. Even though the path of least resistance is still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60733","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60733"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60733\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}