Technical analysis by FOREX_QUEEN_10 about Symbol SOL: Buy recommendation (3/1/2025)

FOREX_QUEEN_10

This is a 15-minute chart of SOL/USDT on Binance, published on March 1, 2025. Here’s the analysis:Observations:Bullish Trade Setup:A buy entry is placed within the blue zone (around 140 USDT).The stop-loss is set below 138.82 USDT (red support line).The target level is 147.12 USDT, marked as resistance.Market Structure:Price has been consolidating in the blue zone before a potential breakout.The green arrow suggests that price has bounced off support, confirming bullish momentum.If price successfully breaks out of the consolidation zone, it could trigger a strong upward move.Price Action & Key Levels:Support Level: 138.82 USDT (a key demand zone).Resistance Level: 147.12 USDT, where take profit is expected.Trend Expectation: Price may rise towards 147.12 USDT, following an uptrend structure.Conclusion:The chart suggests a bullish breakout if SOL maintains momentum above the blue zone.A long trade is structured with a favorable risk-to-reward ratio.Key Confirmation Needed: A breakout from the current range before continuation.Long Position Setup: Entry around 140 USDT Stop-Loss: Placed below 138.82 USDT (support level)Here’s a post to celebrate your successful SOL/USDT analysis with your followers: 🚀🎯 SOLUSDT Analysis Played Out Perfectly! 🎯🚀 Another win for our community! 📊🔥 Our key support zone held strong, and price exploded upwards exactly as expected! Precision and patience always pay off! 💰✅ If you caught this move, drop a 🔥 in the comments! More profitable setups coming—stay locked in! 📈✨ #SOLUSDT #CryptoTrading #TechnicalAnalysis #TradingSuccess #TradingView #ForexQueen