Technical analysis by Du_Trade about Symbol SOL: Buy recommendation (12/14/2024)
https://sahmeto.com/message/3064202

Du_Trade
Rank: 496
Analytical Power:
3.1

The chart shows the formation of a key support level in the $210-220 range, indicating a potential reversal zone. The current structure resembles a descending wedge — a bullish pattern that often signals a potential breakout upwards. Target growth zone: $260+ (potential increase of ~25%). If the price holds above the green zone, a breakout and upward movement can be expected.
Translated from: English
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Signal Type: Buy
Time Frame:
1 hourPrice at Publish Time:
$217.04