Technical analysis by FenzoFxBroker about Symbol SOL: Buy recommendation (12 hour ago)

FenzoFx—Solana broke the structure on July 21, and then pulled back below this level, providing discount entries. We expect the uptrend to resume and target the resistance at $228.1. A dip toward $170.0 followed by a better price for bullish entry at $161.2 could be ideal and low risk. Monitoring these levels for candlestick patterns, break of structure in 5 minutes, and fair value gaps to confirm if there would be a bounce and continuation of the uptrend from any of these two levels.