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More Crypto Online16 Aug 2025, 17:21 UTC
AI-generated source summary
The analyst discusses Solana (SOLUSD) on a 30-minute timeframe, noting consolidation above micro support. The analyst points out Fibonacci support zones and a yellow trendline. A move towards $360+ is possible if the August low of $156 is held. Fibonacci support zone between $176.98 and $165.94 is being tested. A 100% extension of the A-wave down, targeting $177, is noted as an ideal target for the C-wave of a corrective pullback. Holding above $165 is critical. The price appears to be in a corrective pullback within a larger uptrend. The current trendline is steep, which might indicate unreliable signals. Resistance is noted at $206.76. The analyst is awaiting a five-wave move up to confirm the start of the third wave, suggesting a flexible approach to how the correction could unfold. The analysis states that the price should hold above $166.
AI-generated summary based on the source content.
Evidence and evaluation progress
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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