Technical analysis by MR_gold2 about Symbol SOL: Buy recommendation (7/12/2025)

First: Technical Analysis • The general trend: rising in the short term. • The price rose from 140 to approximately 167, and then began a natural downward correction. • Current price: 160.52 and decline after the formation of a short -range summit. • There is a close support for 155.00 - 157.00 from previous broken previous summits. ⸻ Second: Elliott Wave • We notice a clear driving wave from the 140 to 167 region. • The current decline probably represents a sub -corrective wave (wave 2 or B). • In the event of the price stabilizer above 155, a powerful wave or C wave is expected to start. ⸻ Third: time analysis • The last summit occurred at the beginning of the New York session, which is usually a temporary reflection area. • The price is currently in a time correction phase usually lasts 4-6 candles (hours). • In the event that the price is stable during the next 6 hours without breaking 155 → It is likely to complete the rise. ⸻ Fourth: Digital Analysis Important digital support: • 157.00 → Current support. • 150.00 → strong psychological support. • 145.00 → Previous regulation support. • Next digital resistance: • 167.00 → Current top. • 175.00 → Technical psychological level. • 180.00 → A possible goal if 167 is broken. ⸻ Fifth: The basic analysis • سولانا is witnessing an increasing institutional interest, especially with its adoption in Defi and NFT applications. • The recent news surrounding the projects related to Solana supports their rise, such as integration with payment networks. • The market is also affected by bitcoin trends, so the general trend of Crypto supports the upward trend. ⸻ Sixth: PRICE Action Analysis • The last hours are descending but not very strong → natural correction. • There are no negative reflex candles on the bottom of 155 yet. • RSI index at 38.43 = Income of the saturated saturation area → It is possible to start a bounce soon If you have strategies, you can buy and sell You are a single person responsible for pressure for the button to sell and sell https://t.me/ihab90gold