Technical analysis by DeGRAM about Symbol SOL: Buy recommendation (8/19/2025)

📊 Technical Analysis ● SOLUSD is consolidating near the rising support zone of 170–172 within a broad ascending channel, preparing for another attempt toward the 206 resistance level. ● A breakout above 206 would confirm bullish continuation, opening the path to challenge the channel top around 220–230, supported by higher lows and strong structural momentum. 💡 Fundamental Analysis ● Analysts now assign a 95% probability to spot Solana ETF approvals, boosting institutional interest, while Solana’s mainnet reached 100,000 TPS in stress tests, reinforcing scalability. ● Corporates like BIT Mining and Upexi are making direct multi-million-dollar allocations into Solana, underscoring growing confidence in its long-term adoption. ✨ Summary Bullish above 170; breakout trigger at 206. Targets 220 → 230. Invalidation on a close below 170. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!