Technical analysis by ama-Beeps about Symbol SOL: Buy recommendation (4/5/2025)
https://sahmeto.com/message/3389311
ama-Beeps
Rank: 1487
Analytical Power:
2.3
SOLUSDT Long Trade Setup (Waiting Since Yesterday)
:Buy
Price at Publish Time:
$121.18
Profit Target:
(+2.62%)$124.35
Stop Loss Price:
(-1.84%)$118.95

SOL has retraced back to the 38% Fibonacci level on the 5-minute timeframe, showing strong potential for a bounce. On the 15-minute timeframe, we anticipate a move towards at least the 50% Fibonacci retracement level. This setup is supported by additional technical tools I’ve aligned, providing further confirmation. ⚠️ Entry is advised only if you find confluence with your own analysis. ✅ Personally, I’m comfortable entering this long setup, targeting a Risk-to-Reward ratio of at least 6.84. Happy Trading! 🚀SL moved to breakeven to mitigate the risk
Source Message: TradingView