Solana Bull Market Targets!
1 extracted signal · 0 resolved · 1 still active
More Crypto Online30 Jul 2026, 04:16 UTC
AI-generated source summary
The analysis focuses on Solana's potential for a significant bullish move after a prolonged bear market. The current price is around $73.87. The analyst suggests that Solana is in a Wave 2 corrective phase, following a pattern similar to previous market cycles. Based on Elliott Wave principles, the expectation is for a Wave 3 impulse move. The immediate targets for a bullish scenario are identified within a resistance zone between $82 and $93. A more extended target is projected towards $290, aligning with the 61.80% Fibonacci extension level of a prior bullish impulse wave. Key support levels to watch for a failure of the bullish thesis are identified at $48.78, $43.22, and potentially down to $31.95, with a more conservative failure bound around $28. However, the primary forecast points to a potential continuation of the uptrend once the current consolidation completes, targeting higher price levels in the long term.
AI-generated summary based on the source content.
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