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 Online05 Dec 2025, 19:40 UTC
AI-generated source summary
The analysis indicates Solana is at risk of a significant downward movement. The previous upward price action is considered complete, potentially marking the top of a fourth wave. The primary scenario projects a decline towards the $80 to $90 range. This bearish outlook is predicated on the price breaking below established micro support. The initial support zone is identified between $134.80 and $139.70, with a critical level at the 50% Fibonacci retracement around $134.84. A breach of this level would likely trigger a further descent, with a long-term target of $81.52, corresponding to the 100% extension on the weekly chart. An alternative, speculative scenario suggests a diagonal pattern, potentially leading to an upward C-wave, contingent on finding support between $127.97 and $131.77. However, high confidence is not placed on this alternative without clear five-wave impulse confirmation. For any sustained bullish momentum to materialize, a decisive break above the recent swing high of $146.52 is required. Conversely, a break below $134.80 would solidify the expectation of a local top and validate the bearish trajectory.
AI-generated summary based on the source content.
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