Is This Solana Bounce a Trap for Bulls
1 extracted signal · 1 resolved · 0 still active
More Crypto Online20 Jul 2026, 03:14 UTC
AI-generated source summary
The analysis on SOLUSDT suggests a continuation of the bearish trend. The price has completed a three-wave corrective move, peaking around $93.995, and is now believed to be in a larger C wave decline. Key resistance levels to watch are between $82.049 and $93.995. A break above $93.995 would invalidate the bearish outlook. The immediate support to monitor is around $76.152. A break below $73, $64.689, and $32.0 could confirm further downside movement. The shorter-term outlook indicates neutrality to bearishness, with a potential for a larger bounce within wave two of a larger corrective structure, but the primary view remains bearish. The next potential downside target is identified around $32.0, which aligns with key Fibonacci retracement levels and structural support.
AI-generated summary based on the source content.
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Signals in this source
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