Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online07 Sept 2025, 18:48 UTC
AI-generated source summary
The analysis focuses on Solana (SOLUSD) using Elliott Wave theory on a one-hour timeframe, with the primary thesis being that wave two corrective pullback completed in early August, and the price is now in a third wave to the upside, potentially reaching $250 or higher. The analyst notes the micro patterns are complex. An ABC structure is suggested for the third wave, with wave A likely topped. It's suggested wave B might have bottomed. If this pathway is maintained the Fibonacci levels must be respected. The analysis identifies a support area between $192.15 and $197.43. The last swing high is approximately $218. The video indicates a consolidation between support and resistance levels, suggesting a breakout should occur within the next few days.
AI-generated summary based on the source content.
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