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 Online23 Jan 2026, 07:06 UTC
AI-generated source summary
The analysis of Solana (SOLUSD) on the 1-hour timeframe presents two short-term scenarios based on Elliott Wave theory and Fibonacci levels. The primary and more probable short-term scenario is bearish. This scenario anticipates a corrective bounce, identified as Wave 4, into a micro resistance area between $132.07 and $134.53. Following this potential bounce, the market is expected to experience a further decline in Wave 5, with target prices around $122.89 and potentially as low as $119.97. The invalidation point for this bearish outlook is a decisive break above the yellow trendline, which aligns closely with the micro resistance at approximately $132.07. An alternative short-term bullish scenario is considered if a decisive break above this yellow trendline occurs, potentially opening the path towards an upper resistance zone between $138.59 and $142.99. However, the analyst maintains a bias towards the bearish "one more low" scenario at the current moment.
AI-generated summary based on the source content.
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