Technical analysis by Muhammad-Umar about Symbol SOL: Buy recommendation (4/19/2025)

Trade Setup Summary (Solana - 19/04/2025 at 04:33 PM)Entry Point: 137.50Target (Take Profit): 141.00Stop Loss: 135.00Trend: Bullish (Higher Highs on 30-min Chart)📈 Technical Outlook (30-min Time Frame)Trend: Market structure is forming higher highs, suggesting upward momentum.Entry is in line with trend continuation.Risk-Reward Ratio: ~1:1.14 — moderate reward relative to risk.Price Action: Watch for possible rejection or consolidation near the 141 resistance zone.Stop-Loss is well-placed below recent support levels but could be at risk in case of sudden volatility.📌 SuggestionsEnsure volume confirms the breakout.Adjust stop-loss or trail it once price moves in your favor.Always monitor for unexpected news or macro events affecting crypto prices.⚠️ DisclaimerThis analysis is for informational purposes only and should not be considered financial advice. Trading cryptocurrencies involves substantial risk and may not be suitable for all investors. Always conduct your own research or consult a licensed financial advisor before making trading decisions.