This video provides a professional Elliott Wave and technical analysis of Solana (SOL), focusing on current price structure, main support and resistance levels, and both bullish and bearish possibilities. The goal is to give viewers a clear, educational overview of Solana’s market outlook.
1 extracted signal · 1 resolved · 0 still active
More Crypto Online26 Oct 2025, 17:16 UTC
AI-generated source summary
The analysis focuses on SOLUSD, highlighting a potential breakout pattern. The analyst suggests a breakout above the triangle pattern's upper boundary. The nearest resistance is at $198, and breaking above this could open the door to $217. A crucial level to watch is the October 10th high at $225. For the short term, it's ideal if the price holds above $191.30, which is the swing low. If this support holds, a third wave up could be in progress. The analyst mentions five-wave movements upwards, indicating bullish momentum. However, the analysis also acknowledges some structural issues, describing the initial move as a three-wave move and the price structures are messy, and consider to change the structure in the future. The analyst concludes by emphasizing that holding above $198 is critical to approach the $212 to $217 target area.
AI-generated summary based on the source content.
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