Technical analysis by davidjulien369 about Symbol SOL: Buy recommendation (8/24/2025)

davidjulien369

30min TF Pair: SOLUSDT (Perpetual Contract) Direction: Buyside trade Date: Sunday, 24th August 2025 Time: 4:00 AM (LND to NY Session AM Overlap) Timeframe: 30m TF Entry 🔹 Trade Parameters Entry: 182.672 Profit Target: 240.946 (+49.99%) Stop Loss: 181.428 (−0.68%) Risk-Reward Ratio (RR): 91.55 🔹 Trade Narrative Trade initiated during the London–New York AM overlap, leveraging session liquidity expansion. Entry taken after retracement into demand zone (confluence of Asian session low and higher TF order block). Stop tightly placed beneath rejection wick at 181.428, securing minimal downside exposure. Target set at macro resistance/liquidity cluster near 240–241, aligning with measured move projections. 🔹 Market Context SOL has been in a macro bullish continuation after reclaiming key liquidity zones in July. Asian session ranges acted as accumulation footprints leading into the NY expansion. Higher timeframe trend confirmed bullish bias with EMA + VWAP support (208–209). Volume expansion validates institutional accumulation and breakout structure.