Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online22 Sept 2025, 16:13 UTC
AI-generated source summary
The video provides a technical analysis of Solana (SOLUSD) on the daily chart. A support area between $199 and $172.74 is identified, overlapping with the lower boundary line of a wedge pattern. The market tried to break out above the wedge pattern's upper boundary line but is now coming down, breaking below the trend line, indicating potential weakness. A deeper pullback is anticipated with a focus on the next relevant support zone. The analysis suggests preparing for a potential retest of the lower boundary line and an area between $172 and $198. Until a micro five-wave move up is observed, there is no evidence for a low, hinting at a local downtrend. The key support on the daily chart starts at $199, and the area between $172 and $198 might be relevant again. A break below $217 could indicate failing bullish momentum.
AI-generated summary based on the source content.
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