Been seeing a lot of buy zone lines drawn on SOL charts. Honestly, I’m never sure if I should trust them. Price can bounce… or it can slice right through. So I’ve been trying to use on-chain data for extra conviction, but it’s noisy.
My basic checks are: 1. Stablecoin inflow to Solana DEXs. 2. Smart money wallets accumulating or dumping. 3. Exchange netflow shifting from inflows to outflows.
But I’m not confident about it. If the price hits a level but these signals are weak, I usually chicken out and wait. Maybe that’s why I miss moves.
How do you guys do it? Would love to see some real examples of how you use this stuff. For instance, do you rely more on general dashboards (Nansen, Artemis) or integrated exchange tools (like the MoonX on BYDFi or others) to speed up your checks?
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