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 Online26 Dec 2025, 18:51 UTC
AI-generated source summary
The Solana chart is observed within a larger corrective phase, but a short-term upside move is anticipated. The analysis suggests a potential five-wave advance, specifically a blue C-wave to the upside, which has been under observation for the past one to two weeks. The market's reaction near the 61.8% ($120.78) and 78.6% ($118.97) retracement levels indicates a possible bounce. A decisive break above $124.50, which includes a trendline and the swing high from Thursday, is required to confirm the initiation of a third wave to the upside. Should this third wave materialize, the target is projected around the 138% extension, approximately $134.89, with a potential to extend towards $137.79. The formal invalidation point for this bullish scenario is identified at the December 18th low of $116.70. A breach below this level would negate the current bullish outlook. The next significant resistance after clearing $124.50 is located around $129.12. The bullish potential remains contingent on maintaining support above the $116.70 level, signaling that bulls must demonstrate sufficient strength to sustain progress.
AI-generated summary based on the source content.
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