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Pending
SOLUSDT
Entry 203.7900 2025-08-24 12:48 UTC
Target 225.0000
Fail 180.0000
Risk / Reward 1 : 1
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SOLUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analyst discusses Solana, referencing a previous analysis. Solana is exhibiting strength against the broader market. The primary target remains 225.00, approximately 8% above the current price. Friday's strong move left imbalances to the downside, which the analyst initially expected to be filled, targeting 189.00 before further upward movement. Unlike other cryptocurrencies, Solana has shown significant strength and higher volume on Coinbase, especially during the US session. Momentum continued into the Asian session. When comparing it to Ethereum, XRP, and Bitcoin it is the strongest major altcoin with volume. There are bearish divergences, but overall fundamentals are looking good. The analyst has bought SOLUSDT at 185.00 and believes that if 204.00-202.00 is hold then Solana will probably reach 225.00
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