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Technical analysis by crptfxtrader about Symbol SOL: Buy recommendation (9/18/2025)

https://sahmeto.com/message/3780670
crptfxtrader
crptfxtrader
Rank: 6421
1.5

Technical Analysis Report: Solana (SOL/USDT)

:Buy
Price at Publish Time:
$248.21
Profit Target:
(+16.84%)$290
Stop Loss Price:
(-19.42%)$200
Buy،Technical،crptfxtrader

Current Price: ~$248 Solana is currently trading within a bullish ascending channel on the daily timeframe. The overall mid-term trend remains positive, supported by higher highs and higher lows. 🔑 Key Levels Support Zones: $220 → psychological support and trendline retest $200 → major structural support (critical level) $180 → strong support in case of a deeper correction Resistance Zones: $290 → short-term resistance and potential rejection area $370 → upper boundary of the channel and main bullish target 📈 Possible Scenario Price may extend its rally toward $290. A corrective pullback to the $250–260 range could follow. If momentum holds, the next bullish target lies around $370 at the channel top. ⚠️ Risk Notes As long as SOL holds above $200, the bullish trend remains intact. Losing the $200 support could trigger a decline toward $180. Risk management and stop-loss placement are essential due to possible short-term volatility. 📌 Summary Solana maintains a bullish outlook while trading inside its ascending channel. The medium-term upside targets stand at $290 and $370, with key supports at $220–200. Short-term corrections are possible, but the overall structure favors further upside as long as $200 holds.

Source Message: TradingView
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