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SOLUSDT
Long Entry 203.9400 2025-09-27 02:31 UTC
Target 224.7300 Fail 172.1600
Risk/Reward 1 : 1
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SOLUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on SOLUSD, currently at 203.95, and presents both bullish and bearish scenarios. A five-wave decline into a support zone is noted between $173 and $199. A bounce from this zone is anticipated. A bullish outlook is maintained while holding above $173. The analyst suggests that the five-wave move down is a warning but not definitively bearish, suggesting a more comprehensive ABC pattern may evolve. It will only become problematic for the bulls should the price breaks below 173. Target Price 224.73. It is viewed as an A wave. Analyst considers that during this time historically the Q4 is more bullish for the altcoin.
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