Total Quality
Score
If You Had Traded on This Analysis…
Pending

SOLUSDT
Long Entry
196.7600
2025-09-26
08:15 UTC
Target
239.0000
Fail
172.0000
Risk/Reward
1 : 2
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The analysis discusses Solana's recent price crash of approximately 25% following a swing high around September 18th at the 100% extension level. The analyst notes that such declines are not uncommon in crypto bull markets, referencing similar drops from May and July. The daily RSI is at 35, indicating oversold conditions. The 4-hour RSI has dropped to 16, significantly oversold, suggesting a potential relief rally. The current price is within a support area, around the trend line, that may be broken. Next support, if the trend line is broken, is at the 61.8% retracement around $188. Breaking $173 is a concern for bulls. The analyst anticipates a corrective bounce towards $213-$239. The structure of the subsequent move will determine whether a larger correction is underway or if the market will break to new highs.