Technical analysis by Degen-Dynasty about Symbol SOL: Buy recommendation (4/9/2025)
https://sahmeto.com/message/3399970

Degen-Dynasty
Rank: 251
Analytical Power:
3.0
Sol Getting Ready For Round 3?
:Buy
Price at Publish Time:
$104.95
Profit Target:
(+852.84%)$1,000
Stop Loss Price:
(-29.37%)$74.13

Sol has made two massive pushes to the upside this cycle followed by a long distribution / re accumulation range. We have not quite seen a full 1/3 retrace of the cycle low but certainly in range to be watching for a momentum shift signaling seller exaustion and new intrest at the lower prices. Current Trading Plan: DCA until a clear momentum shift occurs and trading rallies. Targeting same $1000 area as previous long term sol chart posted early this cycle accurately forcasting the current time and range for a major sell off. Now farther in the cycle we can see a simple doubling of the current range and standard cup and handle target aligning for the potential $1000 cycle target. Trade Well.... Your Friend, Degen
Source Message: TradingView