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 Online21 Dec 2025, 09:30 UTC
AI-generated source summary
The analysis of Solana (SOLUSD) is primarily focused on an anticipated pullback, expected to precede a significant upward movement. The chart indicates a completed five-wave impulse move to the upside, which is now followed by a corrective pullback. This pullback is interpreted either as an A-B-C corrective structure or a wave 2 retracement. Key support levels for this pullback, derived from Fibonacci retracements, are identified within a range of $118.99 to $123.45. Specifically, these levels include 38.20% at $123.45, 50.00% at $122.13, 61.80% at $120.82, and 76.40% at $118.99. The analysis emphasizes that maintaining price above the $118.99 level is crucial for the continuation of the bullish outlook. Upon successful completion of this pullback, the market is projected to initiate a new upward impulse. Potential target areas for this subsequent bullish move are located within a resistance zone, with Fibonacci extension levels suggesting targets up to $134.60 (78.60% extension). The immediate strategic focus is on the identified micro-support area for a potential reversal and subsequent price appreciation.
AI-generated summary based on the source content.
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