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Technical analysis by Ttrade-With-Logic about Symbol SOL on 5/8/2025

https://sahmeto.com/message/3541660
Ttrade-With-Logic
Ttrade-With-Logic
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Solana has shown a clear change of character (CHOCH) followed by a break of structure (BOS) on the 4H timeframe, indicating a strong bullish reversal. After forming a series of bearish BOS during the downtrend, the recent structural shift suggests buyers have stepped in.📌 Key Highlights:Clear CHOCH confirming trend reversalRecent BOS signals bullish continuationPrice reclaiming demand zone and flipping structureTargeting major supply area near $240–$250Ideal RR setup with stop below recent structure and target into inefficiency/liquidity zoneIf price holds above the recent breakout zone, we could see a strong continuation toward previous highs. Watch for minor pullbacks to validate entry opportunities.

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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$150.76
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