Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online24 Sept 2025, 04:41 UTC
AI-generated source summary
The analysis indicates that Solana (SOLUSD) is currently experiencing downward pressure, although not significantly. Fibonacci support is noted at $210, with further support at $199, representing the 50% retracement level from the August rally. The analyst suggests that the current corrective pullback appears as an ABC structure within wave B in orange, and upside potential remains but only if the next rally is corrective. A resistance area between $227 and $244 is identified; a break above $244.57 suggests a move towards $305 plus. Holding above $173 maintains the potential for higher prices, supporting the thesis that a bottom was reached in wave 2 in August. A five-wave move downward could indicate a shift towards a bearish trend. The analyst suggests that the next market swing will be the trigger.
AI-generated summary based on the source content.
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