Solana Traders Bought the Dip. The ETFs Are Selling
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 24 Oct 2026, 03:37 UTC
- Recorded by Tahlil Plus
- 24 Oct 2026, 06:50 UTC
AI-generated source summary
The price of Solana (SOLUSDT) is currently below key resistance levels and is expected to continue its downtrend. The analysis indicates pressure downwards as long as Solana remains below approximately $108 (107.77). Bounces are observed in three-wave patterns, suggesting a lack of a confirmed low. Below Thursday's low of $104 (22 Oct), a third wave down is more probable, with support targets at $97 and then $89. A bullish reversal would only be confirmed with a five-wave upward move. The Solana-Bitcoin pair (SOLBTC) is also showing a similar bearish trend, with Solana underperforming Bitcoin. Current support for SOLUSDT is identified around $97, with a more significant support zone around $89. The next resistance is seen at $107.77, followed by $110.15.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.