Technical analysis by CryptoAnalystSignal about Symbol SOL: Buy recommendation (6/17/2025)

#SOLThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel. This support is at 149.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are heading for stability above the 100 moving average.Entry price: 153First target: 155Second target: 159Third target: 162