Solana Price News Today - SOL Elliott Wave Price Technical Analysis, Price Update!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online16 Sept 2025, 04:12 UTC
AI-generated source summary
The analysis focuses on SOLUSD and its current corrective phase, after a high near $250. The presenter addresses viewers asking if the correction from the Sunday high is complete. The correction isn't considered deep, and a wave four pullback is in progress. A 50% retracement at $223 aligns with a trend line. An upside reaction from the $223 mark could signal the wave five unfolding. Breaching $217 would be problematic for the wave four. Ideally, the price should avoid breaking below the 61.8% retracement level. A break above the swing high at $244.20 is mentioned as the bare minimum to suggest a low is in place. A test of 229-223 range is likely but a bounce from that zone to pursue higher price is still expected.
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