Technical analysis by Fondera about Symbol SOL: Buy recommendation (4/19/2025)

SOLUSDT – Long Setup in Daily FVG Entry: Buy at 124 USDT (floor of the daily Fair Value Gap) Stop Loss: 105 USDT (just below the daily FVG low) Take Profit: 200 USDT (new all‑time highs) Rationale: • Price is retracing into the daily FVG, offering a high‑probability support zone • Daily RSI double divergence & trendline support reinforce the FVG floor • Spot accumulation targeting euphoria phase—leveraging the FVG for entry Risk Management: Risk ~5% of account. If SOL closes below 105 USDT (invalidating the FVG), exit and reassess. Keep an eye on BTC direction as the primary driver.