Solana price analysis: Can SOL break the 88 dollar resistance
1 extracted signal · 1 resolved · 0 still active
More Crypto Online06 Jul 2026, 10:33 UTC
AI-generated source summary
The analysis focuses on Solana (SOLUSDT) on a 1-hour timeframe. The speaker is not convinced that a top has been formed and suggests that the recent upward movement could be interpreted as a three-wave move or a more complex structure. The current support level is identified between $76.52 and $78.22. If the price breaks below $76.52, it increases the probability of a more substantial pullback. The speaker is considering the possibility of a further upward move to around $82.04 (the 61.8% Fibonacci retracement level), which would also serve as resistance. A break below $76.52 would invalidate the current bullish outlook, and the price could potentially target lower levels around $64.68. The analysis suggests that if the price fails to hold the $76.52 support and breaks below $70.71 (50% Fibonacci retracement), it might indicate a more significant correction, possibly heading towards new lows below the previous swing low in June.
AI-generated summary based on the source content.
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Signals in this source
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