Technical analysis by MangoMan4 about Symbol SOL: Buy recommendation (7/6/2025)

SOL on the 4-hour timeframe is forming a potentially bullish setup, but patience is key as price nears a critical reversal zone.🧠 Market Context:After a strong move up in late June, SOL faced heavy rejection near $155–$157, which aligns with both a supply zone and a long-term descending trendline (visible across higher timeframes).Since then, we’re seeing a series of lower highs, signaling ongoing seller control in the short term.🔄 Short-Term Price Action:The recent candles form a rounded consolidation, with volatility compressing.Price is expected to retest the $143–$144 area, highlighted as the "Reversal Area" on the chart.This area previously acted as a pivot and may serve again as a demand zone.🛠️ Trade Plan:Wait for a reaction at $143–$144: either a bullish engulfing, hammer, or strong volume candle to confirm buyer presence.If reversal occurs, potential move is toward $150–$152, where price meets the long-term descending trendline again.This setup aligns with a classic "higher low" formation before continuation.❌ Invalidation:Clean break below $142 with strong volume would invalidate the short-term bullish thesis and may open up downside to $138.✅ Summary:Bias: Bullish on confirmationReversal Zone: $143–$144Target: $150–$152Invalidation: Below $142This setup provides a low-risk, high-reward opportunity — but only with a confirmed reversal. Let the market show its hand.