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, 22:14 UTC
AI-generated source summary
The analysis on Solana suggests the market is in the fifth wave of a larger decline, having topped its fourth wave around January 14th. The primary scenario forecasts an ABC correction targeting the $90-$91 range. Before reaching this ultimate bearish target, a short-term bounce, forming a B-wave, is anticipated from the $120-$128 support zone, potentially reaching micro-resistance between $132.07 and $134.53. This bounce would then be followed by a C-wave decline to the $90-$91 target. The current price is around $129.35. An alternative bullish breakout scenario towards $138.37-$142.99 is acknowledged but considered less likely at this stage, requiring significant bullish confirmation. The bearish outlook would be invalidated if the price breaks convincingly above the upper resistance level of $142.99.
AI-generated summary based on the source content.
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