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 Online15 Jan 2026, 11:00 UTC
AI-generated source summary
The analysis of Solana (SOLUSD) on the 1-hour timeframe indicates the completion of a C-wave to the upside, which has technically fulfilled its initial targets. The internal structure of this C-wave, particularly the fifth sub-wave, is described as potentially forming a diagonal pattern, implying that while a major uptrend might be concluding, one more local high remains plausible. Key resistance is identified between $148.50 and $154.88. The presenter specifies $148.50 as the lower bound of the next resistance zone for a potential additional high. Current support for the ongoing correction is situated between $139.84 (61.80% Fibonacci retracement) and $143.05 (38.20% Fibonacci retracement). A break below $139.84 would serve as an initial indication of a local top. A more significant confirmation of a top would occur with a decisive break below the $132.70 swing low, which formed on January 8th. The absence of a clear five-wave impulsive decline below existing support levels supports the continued possibility for an upward movement, although any further upside beyond the specified resistance is considered speculative given the advanced stage of the rally.
AI-generated summary based on the source content.
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