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SOLUSDT
Long Entry 234.7400 2025-09-16 15:33 UTC
Target 360.0000 Fail 200.0000
Risk/Reward 1 : 4
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SOLUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Solana (SOLUSD) on the daily timeframe, noting a pullback that started over the weekend. The analyst views this pullback as part of an uptrend within the unfolding C wave of Wave 3. The ideal target for this third wave is $305 plus. The analyst expects further upside over the coming weeks, potentially targeting $360 to $380. October and November are historically positive months. September typically being quieter. Lower trading volumes and reduced interest in trading activity. The crowd may get involved in Q4. Retail isn't fully engaged as in previous cycles. Last year's Q4 saw Solana's price increase from mid-September. The analyst suggests that Solana will retest the yellow trendline, which coincides with a 50% retracement level around $224-$225. It would need a break above the green signal line at $244.26 to confirm an upward move in Wave 5 of C of 3. The analysts will update support for the next fourth wave pullback, and the overall target is still a $360 to $380 area.
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