Technical analysis by Daffapouuse about Symbol SOL: Buy recommendation (9/17/2025)

Solana continues to trade within a bullish structure after breaking above key resistance. Momentum indicators suggest short-term exhaustion, opening room for a potential retracement. The nearest demand zone lies between $216 – $202, which could serve as a re-entry area if price corrects lower. As long as this zone holds, the medium-term outlook remains bullish. Fibonacci projections point towards $280 – $300 (1.236 – 1.618 extension) as the next upside targets, aligning with a potential strong resistance area. In summary, while a short-term pullback is possible, the broader trend remains bullish with clear demand support below and Fibonacci targets above.