Technical analysis by MYWORLD115 about Symbol SOL: Buy recommendation (5/26/2025)

The provided chart and analysis outline a bullish outlook for SOL/USD (Solana against the US Dollar) as of May 26, 2025. The current price is noted at **177.71**, with a strong recommendation to look for long/buy entries, particularly on dips. The analysis emphasizes long-term holding for optimal results, with three key profit targets: **TP1: 194.00, TP2: 227.00, and TP3: 252.00**. **Key Observations from the Chart** 1. **Long-Term Bullish Trend**: The analysis highlights that Solana’s long-run trajectory has significant upside potential. The suggested strategy involves accumulating positions gradually, especially during price retracements, to maximize gains over time. 2. **Green Zone as Critical Support**: The chart indicates a "green zone," which acts as a crucial support area. If the price crosses below this zone and closes a candle beneath it, the bullish setup becomes invalid, signaling a potential trend reversal or deeper correction. 3. **Risk Management**: Traders are advised to exercise caution by using smaller quantities on each dip and conducting due diligence before entering trades. This approach minimizes risk while capitalizing on upward momentum.