Technical analysis by Khiwe about Symbol SOL: Buy recommendation (5/23/2025)

Hi there,Solana looks bullish on the 2-hour timeframe. There is a possibility of a retracement, but if the price falls below the 154.324 level, the setup will be invalidated.For now, the price appears to be heading up toward the 191.249 level, aiming for a target of 209.887.The low point at 170.481 maintains bullish pressure, supported by the 164.271 level, which boosts the chances of a higher high.However, it will require monitoring due to the indicator reaching overbought regions.Happy trading,K.Not trading advice