Technical analysis by AndeWave about Symbol SOL: Buy recommendation (2/14/2025)

SOL - the fundamental situation is improving due to the news that the SEC is starting to work on SOL-ETF, or rather actively accepting applications. Approval of SOL-ETF is a matter of time. The price is coming out of the downtrend, the fundamental background (economic news) is gradually turning in a favorable direction. Scenario: Price consolidation above 200 - 210 will increase the bullish interest, thus may support the price and influence the growth. Medium-term targets in this case could be 220-240-270.