Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online04 Oct 2025, 02:12 UTC
AI-generated source summary
Solana has increased roughly 23% since it was considered oversold. The chart was oversold on the 4-hour chart and landed in a support area, but it is a corrective rally so far. As long as support is holding, there is no reason to be bearish, because there are higher highs and higher lows. The trend is clearly up on the shorter timeframe. Breaking below the micro support would indicate a top of sorts has formed. The move to the upside is a rally that could easily be a B wave, considering the context of a five-wave decline and a three-wave move up. From an Elliott Wave point of view, this indicates we might see a C-wave decline. This will depend on Bitcoin. There is no sign of a top yet.
AI-generated summary based on the source content.
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