Technical analysis by DefiBanked about Symbol SOL: Buy recommendation (1/22/2025)
https://sahmeto.com/message/3193395

DefiBanked
Rank: 24578
Analytical Power:
1.2

🚀 **Solana primed for liftoff!** 🚀 📊 **Key Bullish Signals:** 🔹 **Double Bottom Confirmed** – Classic reversal pattern signaling strong upward momentum. 🔹 **Bullish Pennant Breakout** – Consolidation phase complete... now ready for explosive continuation. 🔹 **Volume Surge** – Buyers stepping in, reinforcing strength in the move. 🔹 **Target Zones** – $285 first stop... then $300+ in sight. 🔥 **If momentum holds, Solana is set to rip past $300 and beyond. The market structure is screaming strength... fade at your own risk!** 🔥
Translated from: English
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$300First Resistance:
$285Price at Publish Time:
$265.95