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1 extracted signal · 1 resolved · 0 still active
More Crypto Online03 Sept 2025, 15:53 UTC
AI-generated source summary
The analysis focuses on Solana (SOLUSD). The cryptocurrency is currently holding support levels, maintaining a bullish scenario, and notes this as very positive price action. From April, there was a five wave rally, into a corrective pullback into support. According to the wave principle, the price action remains stuck within the wedge/corrective pattern. The momentum is still upwards and a momentum shift and five-wave move down would have to occur to change the sentiment. Support is observed between $192 and $197. A deeper correction to $166 is a possibility. The overall thesis is a bottom wave that was established in August. There is key support at $166 and key levels on the trend lines for resistance around $218 to test $227-$250.
AI-generated summary based on the source content.
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1 eligible signal linked to this case.
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Signals in this source
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