Technical analysis by NakamotoZzzz about Symbol SOL: Buy recommendation (8/12/2025)

NakamotoZzzz

Trade Setup Analysis Timeframe: 4H (Four Hour) Position Type: Long (Buy) Entry Point: 162.12 Positioned exactly between the stop loss and take profit zones, providing a balanced entry from which to capture potential upside momentum. Stop Loss (SL): 147.34 Placed below a significant support area to protect against deeper declines. A break below this level would invalidate the bullish setup. Risk is approximately -9.12% from entry. Take Profit (TP): 206.15 Target set at a major resistance level, offering a potential upside of around +27.16% from entry. Risk/Reward Ratio: 2.98 A strong setup offering nearly three times the reward potential compared to the risk. Technical Outlook: SOLUSDT is testing a key support zone after a pullback within a broader uptrend. If buyers defend this level, a rebound toward the $206 resistance is possible. Bullish Scenario: Holding above 162.12 and showing bullish candlestick confirmation could trigger a move toward the target. Bearish Invalidation: A breakdown below 147.34 would indicate a potential shift to bearish momentum. Summary: This trade looks to capitalize on a possible reversal from a support area with a tight stop and a clearly defined target. Monitoring volume and reaction at the entry zone will be crucial for confirmation.