Technical analysis by ankurghai about Symbol SOL: Buy recommendation (1/27/2025)
https://sahmeto.com/message/3204354

ankurghai
Rank: 30766
Analytical Power:
0.8

The bullrun for alts is about to start after a quick flush. Solana needs a weekly close above ATH to continue upward momentum. I feel like a drop to 180-200 is going to happen to gain some liquidity before breaking out.Although there are heavy shorts building up with liquidations around 250-270 which might get flushed out before the drop if exchanges feel like it.I’m keeping my end of bullrun solana targets at $1000 and I think retail adoption can take us there.Gg TRUMP.DYOR. NFA.
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$1,000First Support:
$180First Resistance:
$250Price at Publish Time:
$236.13