Technical analysis by weslad about Symbol SOL: Buy recommendation (7/4/2025)

SOLUSDT continues to show strong bullish structure, with price consistently holding above a multi-year ascending trendline a key structural element that has defined its uptrend. This dynamic support has anchored price action within a broader ascending formation, reflecting steady long-term accumulation.Additionally, the chart reveals a well defined Cup and Handle formation, further reinforcing the bullish outlook. As long as price respects the immediate demand zone, this area remains a prime region for re-accumulation, with expectations for it to hold as a firm support level.The projected target for this setup is clearly illustrated on the chart, aligning with the broader bullish continuation narrative.Share your view, do you see SOLUSDT pushing higher from here, or is a deeper retest likely before the breakout?