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 Online06 Jan 2026, 19:21 UTC
AI-generated source summary
The analysis of Solana's price action incorporates Elliott Wave principles across multiple timeframes. On the 4-day chart, the broader context indicates a nearing completion of a Wave IV correction, potentially involving a final C-wave decline before a significant bullish rally in Q1-Q2 2026. This long-term rally could target regions between $376 and $576, forming a larger B-wave or a subsequent fifth wave. In the immediate term, focusing on the 1-hour chart, Solana has likely completed its third wave around $140 within a five-wave impulse structure. A corrective fourth wave pullback is anticipated this week, with critical support identified between $126.85 and $134.66. Maintaining price above these levels is crucial for the ongoing short-term bullish momentum. Following this correction, a fifth wave ascent is projected, aiming for ideal targets at $144.90 and $148.58, with potential to reach $157.26. The overall market sentiment, even with the possibility of a final lower low in the larger correction, remains constructive for a long-term advance.
AI-generated summary based on the source content.
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