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.

AI-generated source summary

The analysis focuses on Solana's price action within an ongoing Wave 4 correction. The market previously reacted perfectly to a Fibonacci support zone, specifically between $117.89 (88.70% retracement) and $120.79 (61.80% retracement). The preferred scenario involves a short-term upward movement as part of a C-wave, which should eventually form a higher low above the 78.6% retracement at $118.97. This bullish setup initiated with a micro five-wave impulse from the December 18th low. The market has successfully broken above the initial descending trendline, referred to as the yellow trendline, and subsequently breached the first horizontal resistance at $125. Currently, the price has reached the next significant horizontal resistance around $129. If this bullish momentum continues, the immediate ideal target for the ongoing blue Wave 3 is identified at $134.89 (138% Fibonacci extension), with a further potential target at $137.79 (161.80% Fibonacci extension). For the bullish scenario to remain valid in the short term, the market must hold above the $129 level, as a break below this point would significantly increase the risk of a breakdown and invalidate the current upward projection.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   29 Dec 2025, 09:30 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

3. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   27 Jul 2026, 19:55 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   27 Jul 2026, 19:55 UTC

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

6. Case evaluation completed

   27 Jul 2026, 19:55 UTC

   All evaluable predictions in this case reached terminal outcomes.