SOL is showing a clean Elliott Wave structure on the weekly chart. Current move looks like **Wave iii of a larger bullish cycle**.
* **Support Levels** 🛡️
* \$150 → Key support (must hold to keep bullish count)
* \$95 → Deep support (invalid if reached)
* **Resistance / Targets** 🎯
* \$220 → First hurdle
* \$250 → Strong mid-level resistance
* \$271 → Fib 0.618 retracement
* \$380 → Major target for Wave iii
* \$556 → Extension target (Wave v potential)
Outlook:
As long as SOL stays above $150, the bullish count remains intact with upside towards $220–$380 in the mid-term. A breakout over $380 would confirm continuation towards $556+.
⚠️ If $150 breaks, expect a larger correction and invalidation of the current wave count.
📌 Risk Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and you should always conduct your own research before making investment decisions.
* **Support Levels** 🛡️
* \$150 → Key support (must hold to keep bullish count)
* \$95 → Deep support (invalid if reached)
* **Resistance / Targets** 🎯
* \$220 → First hurdle
* \$250 → Strong mid-level resistance
* \$271 → Fib 0.618 retracement
* \$380 → Major target for Wave iii
* \$556 → Extension target (Wave v potential)
Outlook:
As long as SOL stays above $150, the bullish count remains intact with upside towards $220–$380 in the mid-term. A breakout over $380 would confirm continuation towards $556+.
⚠️ If $150 breaks, expect a larger correction and invalidation of the current wave count.
📌 Risk Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading cryptocurrencies involves significant risk, and you should always conduct your own research before making investment decisions.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.