Technical analysis by basictradingtv about Symbol SOL: Buy recommendation (4/25/2025)

basictradingtv

Solana - SOLUSD - just faked out literally everybody:(click chart above to see the in depth analysis👆🏻)Over the course of the past 25 days, Solana dropped a significant -30% and wiped out a ton of bulls before creating a complete reversal. Especially with the current horizontal support level, bulls are taking over again, offering us another major crypto trading opportunity.Levels to watch: $120, $250Keep your long term vision!Philip (BasicTrading)Solana - SOLUSD - will still head higher soon:(click chart above to see the in depth analysis👆🏻)With a juicy +20% candle in April, Solana officially respected the major support structure. Following the overall valid uptrend, it is quite likely that Solana will simply head higher from here, retest the previous all time high next and potentially create a breakout.Levels to watch: $250Keep your long term vision!Philip (BasicTrading)Solana - SOLUSD - will rally another +40%:(click chart above to see the in depth analysis👆🏻)Right now we are just seeing an incredible follow up of about +20% so far in May. Solana is clearly heading much higher and eventually we will see a retest of the previous all time high. One of the major altcoins is setting up for another breakout rally.Levels to watch: $250Keep your long term vision!Philip (BasicTrading)