Is the Solana Rally Over? Analyzing the Top
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 27 Sept 2026, 15:52 UTC
- Recorded by Tahlil Plus
- 27 Sept 2026, 18:23 UTC
AI-generated source summary
The analysis of SOLUSDT on a daily timeframe suggests a bullish trend initiated in June. The price has recently broken above a key resistance level around $110.15, which served as a significant pivot point in the past. The Elliott Wave interpretation indicates the completion of a three-wave pattern (ABC) and the potential start of a larger uptrend, possibly a five-wave impulse. Key resistance levels are identified in the $150-$209 range, with the immediate target set at the 61.80% Fibonacci retracement level of $160.42. The current price is around $135.00, and a break below $110.15 would invalidate the bullish short-to-medium term outlook, potentially signaling a move towards the $87-$103 support zone. The longer-term outlook remains bullish as long as the $110.15 level holds.
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