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Technical analysis by Ansarshiekh about Symbol SOL: Buy recommendation (6/8/2025)

https://sahmeto.com/message/3588150
Ansarshiekh
Ansarshiekh
Rank: 2154
2.3
Buy،Technical،Ansarshiekh

📉 Downtrend Line: SOL has been following a strong downtrend line, but now the price is consolidating near it and looks close to a potential breakout. 🔁 Fibonacci Support: According to the Fibonacci retracement tool, SOL is currently sitting on a key support zone (you can mention the exact level if you want), which could act as a potential reversal point. 🕯️ Candle Pattern: Today's candle is neutral — neither bullish nor bearish — but the overall structure suggests a possible breakout. Waiting for a confirmation candle would be wise. 📌 Next Move: If the price breaks above the trendline with good volume, a bullish momentum might follow. ⛔ This is not financial advice. Always DYOR (Do Your Own Research).

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$159.97
Stop Loss Price
$145
Price at Publish Time:
$152.07
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