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 Online24 Jan 2026, 11:30 UTC
AI-generated source summary
SOLUSD has been consolidating sideways since Tuesday, currently operating within a corrective pattern on the 1-hour chart. The price is anticipated to continue a range-bound movement over the weekend, trading between the nearest support level around $124.90 and a micro resistance area between $129.08 and $134.53, likely staying below a descending yellow trend line at approximately $132.80. The overall Elliott Wave count suggests that this consolidation is part of a Wave 4 correction, which could eventually lead to a lower low to complete Wave 5, targeting the $119.97 level. A decisive break and sustained movement above the $134.53 micro resistance would invalidate this bearish outlook and open the door for a larger bullish rally. Conversely, if the price fails to break above the $132.20 resistance and continues to consolidate, the likelihood of a triangle pattern or ABC correction leading to the Wave 5 low increases.
AI-generated summary based on the source content.
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