Solana Reaches Major Resistance: What Happens Next?

AI-generated source summary

The analysis focuses on Solana (SOLUSDT) using a 1-hour timeframe. The current price is observed at $81.34, which is testing a significant resistance zone between $80.75 and $93.95. The analyst identifies a potential ABC wave structure for a corrective move, with a target for the 'C' wave set at approximately $88.79. The failure bound for this bullish outlook is identified at $77.15, below which the current upward momentum would be invalidated. The analyst also notes the strong correlation between Solana and Bitcoin, implying that Bitcoin's price action will significantly influence Solana's movement. The current upward move is interpreted as a potential part of a larger wave 2, with the possibility of further upside to $93.95 before a potential wave 3 down. However, the short-term outlook suggests that if Solana can break above the $88.79 level, it might continue its ascent. The key support level to watch for the short term is between $77.15 and $80.07.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   03 Jul 2026, 14:23 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   03 Jul 2026, 15:04 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   03 Jul 2026, 15:05 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   03 Jul 2026, 15:05 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   03 Jul 2026, 15:05 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. First prediction resolved

   09 Jul 2026, 01:33 UTC

   The first evaluable outcome in this case reached a terminal result.

7. Case evaluation completed

   09 Jul 2026, 01:33 UTC

   All evaluable predictions in this case reached terminal outcomes.