Is Solana Headed for 32 Dollars? Elliott Wave Update

AI-generated source summary

The analysis focuses on SOLUSDT, currently priced at $70.00, with a bearish outlook. The price was rejected from a resistance area between $82.26 and $94.00. A third wave to the downside is considered to have already started. The overall idea suggests that the white scenario is leading and SOLUSDT should eventually reach at least $48.00, possibly even $32.00. The next support levels are identified at $48.00, $43.00, and $32.00. The analyst notes that a three-wave move up, as seen from the June low support level at $62.00, is not a bullish confirmation in a bear market, but rather indicates potential for further downside. The failure bound for this bearish analysis is set at $82.26, a price point above the current trading range and the identified resistance area.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   14 Jul 2026, 00:59 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   14 Jul 2026, 01:12 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   14 Jul 2026, 01:13 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   14 Jul 2026, 01:13 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   14 Jul 2026, 01:13 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 03:38 UTC

   1 signal remains active.