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, 23:31 UTC
AI-generated source summary
The Solana chart has shown adherence to established parameters, with continued sideways movement observed throughout the weekend. A minor bounce from the trendline and the 61.8% Fibonacci level is noted, potentially signaling a micro five-wave impulse. This micro-structure could mark the onset of an upward C-wave. However, the current momentum remains subdued due to weekend market conditions. For the local 1-2 setup to sustain, maintaining prices above the micro support levels, specifically between $131.28 and $132.81, is critical. A breach of this micro support would increase the probability of a deeper B-wave extension into the primary support zone ranging from $124.22 to $130.11. The market has consistently reacted to this broader support band, demonstrating higher lows but concurrently lower highs, forming a discernible triangle pattern. The overarching analytical thesis posits that the prevailing price action constitutes a Wave 4 correction within a larger bullish impulse. Should upward momentum materialize from the current juncture, it could initiate the C-wave, targeting levels such as $146.87, $152.98, $156.83, and $163.42. A continued sideways consolidation is expected over the weekend. The $131.28 level represents a key support threshold; if it holds, and Bitcoin's performance aligns, a third wave to the upside is anticipated.
AI-generated summary based on the source content.
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