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 Online08 Nov 2025, 10:30 UTC
AI-generated source summary
The analysis focuses on SOLUSD, identifying a key resistance area around $166. The current move from a Tuesday low is a three-wave move up. The market hasn't broken above the resistance area. The 100% extension lies at $169, which is considered an ideal target for an ABC structure. A micro-resistance area lies between $161 and $166. Breaking above $166 could open the door to $172 and $180, potentially leading to an ABC structure with upper resistance. The video suggests allowing for movement higher, with $169 as an ideal projection. A break above $179.75 would signal a bottom and set up a rally to $300 plus. If five waves up are observed, a higher low is expected in the next pullback.
AI-generated summary based on the source content.
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