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Technical analysis by Katri01 about Symbol SOL: Buy recommendation (7/17/2025)

https://sahmeto.com/message/3641388
Katri01
Katri01
Rank: 1991
2.3
Buy،Technical،Katri01

Solana is printing a textbook cup & handle formation on the daily, and price is now pressing against the neckline resistance near $185, just below the psychological $200 zone. This structure reflects months of accumulation and rising momentum. A confirmed breakout above the $185–$199 resistance would likely trigger the next upward leg. This setup signals trend reversal continuation, and if SOL closes above $199 on high volume, momentum traders may pile in quickly. 📌 Invalidation below $150 = pattern risk-off.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$199
Stop Loss Price
$150
Price at Publish Time:
$174.14
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