Technical analysis by SOAM_PRO_TRADER about Symbol SOL: Buy recommendation (10/17/2025)

🔹SOL/USDT (4H) – Technical Analysis ▪ Key Price Zones ▫ Demand Zone: 182.5 – 176.5 SOL is currently trading inside a well-defined demand zone. Price has reacted positively to this level twice before (green arrows), suggesting buyer interest and possible accumulation. ▫1st Target Area: 198.60 This level has acted as a strong supply/resistance zone in the past and represents the first upside target if the price successfully bounces from the demand zone. ▫ 2nd Target Zone / Resistance Area: 211.19 A move beyond the first target could bring SOL into this resistance zone, which previously capped bullish momentum. ▫Final Target Zone: 229.93 This is the upper resistance area and final bullish target based on historical highs and market structure. ▪ Market Structure & Setup Price recently dropped sharply into the demand zone but has begun to consolidate. Volume spikes during the decline followed by stabilization indicate a potential short-term bottoming pattern. The projected move (in blue) suggests a rebound from this demand zone with potential resistance at each target level. ▪Outlook: ▫ Bullish Scenario: If demand holds and price confirms a reversal (e.g., bullish engulfing, breakout candle), expect a move toward 198.60, followed by 211.19 and possibly 229.93. ▫ Bearish Scenario: A sustained break below 176.5 may invalidate the bullish thesis and open downside toward the next support (not shown, likely around 172.55 or lower). ▪Conclusion: SOL/USDT is at a critical support level. A bullish reaction here could set the stage for a multi-leg recovery. However, confirmation is key before entering long positions. Support Me For More Insightful Analysis.from last support area