Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online26 Sept 2025, 08:15 UTC
AI-generated source summary
The analysis discusses Solana's recent price crash of approximately 25% following a swing high around September 18th at the 100% extension level. The analyst notes that such declines are not uncommon in crypto bull markets, referencing similar drops from May and July. The daily RSI is at 35, indicating oversold conditions. The 4-hour RSI has dropped to 16, significantly oversold, suggesting a potential relief rally. The current price is within a support area, around the trend line, that may be broken. Next support, if the trend line is broken, is at the 61.8% retracement around $188. Breaking $173 is a concern for bulls. The analyst anticipates a corrective bounce towards $213-$239. The structure of the subsequent move will determine whether a larger correction is underway or if the market will break to new highs.
AI-generated summary based on the source content.
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