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 Online13 Dec 2025, 09:15 UTC
AI-generated source summary
The Solana (SOLUSD) chart is currently consolidating, exhibiting characteristics of an Elliott Wave triangle pattern within its larger Wave 4 correction. The price action indicates a series of lower highs and higher lows, consistent with a contracting triangle, specifically moving through its Wave E. Initial analysis confirmed a pullback into Wave E, followed by a bounce from a defined support area. This support region is identified between $124.22 and $130.11, with the price having previously dipped into and subsequently rebounded from this zone. The immediate objective for a confirmed bullish continuation is a five-wave impulsive move leading to a break above the $140 resistance level. Should this occur, a C-wave rally is anticipated, with potential targets extending towards the $146.87 (100% Fibonacci extension) to $163.42 (161.80% Fibonacci extension) range. Conversely, the analysis would be invalidated if the price breaks below the key swing low of December 7th at $127.80, or more critically, below the $124.22 level, which represents the 88.70% Fibonacci retracement. The current price is approximately $132.99. The focus remains on observing the price's reaction to current support and resistance levels to confirm the projected upward C-wave development.
AI-generated summary based on the source content.
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