Technical analysis by Ttrade-With-Logic about Symbol SOL on 5/8/2025
https://sahmeto.com/message/3541660

Ttrade-With-Logic
Rank: 1347
Analytical Power:
2.5

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 reversal Recent BOS signals bullish continuation Price reclaiming demand zone and flipping structure Targeting major supply area near $240–$250 Ideal RR setup with stop below recent structure and target into inefficiency/liquidity zone If 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 hoursPrice at Publish Time:
$150.76