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

Solana's price activity suggests range-bound movement, currently positioned mid-range with limited high reward-to-risk setups. The price experienced a rejection from resistance at approximately $127.00, aligning with a golden ratio level for a B-wave. The prevailing structure is interpreted as a WXY correction, where the Y-wave consists of an ABC formation, and the C-wave exhibits five internal waves. There is a plausible expectation for Solana to decline into a micro support region, delineated between $117.88 and $120.75, over the coming days. This anticipated movement is integral to a larger Wave 2 correction. The upward price action from the December 25th low concluded as a three-wave corrective pattern, indicating a likelihood of further corrective movements. A reaction from the $117.88-$120.75 support zone could initiate a third wave. An initial sign of a bottom would be a breach above the previous Wednesday high at $127.30, with further confirmation upon exceeding the $129.12 resistance level. Currently, a reliable bullish breakout pattern is not evident, and downward pressure persists. The overall thesis for a C-wave advance as part of Wave 4 remains valid, contingent on the Fibonacci support area of $117.88-$120.75 being maintained. An intermediary target for a potential third wave breakout is projected between $134.89 and $137.79. A move below $116.00 would invalidate the bullish scenario from the forecasted support level.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   01 Jan 2026, 20:24 UTC

   The analyst published the original source item.

2. First prediction resolved

   05 Jan 2026, 01:00 UTC

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

3. Case evaluation completed

   05 Jan 2026, 01:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

5. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.