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, 22:54 UTC
AI-generated source summary
Solana is currently in a sideways range, following a corrective action after topping on January 14th. The primary thesis indicates a three-wave decline has occurred, potentially leading to one more low. This final leg down could either complete an ABC correction as a wave 5, or form an E-wave within a larger triangle pattern. The immediate expectation is a further dip towards the 78.6% to 88.7% Fibonacci retracement levels, specifically targeting the $120-$122 range. Following this potential lower low, a larger B-wave bounce is anticipated, which should not break above the upper resistance area between $138.60 and $142.70. A break above the micro resistance (around $132) and a yellow trendline could indicate an earlier start to the B-wave, potentially invalidating the immediate expectation of one more low.
AI-generated summary based on the source content.
Evidence and evaluation progress
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Signals in this source
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