Is Solana Headed for 32 Dollars? Elliott Wave Update
Video Overview & Insights
In this video I break down the current Solana price action using Elliott Wave analysis to determine if the recent rejection from resistance marks the beginning of a deeper downtrend. I examine the key support and resistance levels that are currently dictating market structure and explain why the recent bounce from the June low may be setting up for further downside.
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Beyond the immediate short-term outlook, I look at the macro perspective for Solana and what the chart suggests for the potential next bull cycle. By analyzing the wave structure, I discuss realistic targets and the patterns required to confirm a transition into a larger degree trend. Whether you are tracking SOL for short-term opportunities or long-term positioning, this analysis provides the technical context needed to navigate the current volatility.
This breakdown covers the ongoing bear market correlation with Bitcoin, the importance of liquidity heat maps in identifying support zones, and the technical triggers that would invalidate or confirm my current wave count. Get the latest insights on Solana price projections and the critical Fibonacci levels that market participants should watch in the coming weeks.
hi ben, thank you. do you think there is any other alt coin aside solana with more upside potential after this bear markets ends? don't consider coins like TRUMP, DOGE, APE which came out of nowhere and pumping xxxxx%. there will be for sure other coins like this next bullmarket, but i'm just wondering which existing "serious" altcoins might have this potential or more like solana
Timestamps:
0:00 - Solana market structure
Interesting long term bull targets. Warm fuzzy feeling enjoyed. Thx
1:22 - Key support levels
3:00 - Next bull run
π€¦
4:52 - Short term analysis
7:20 - Liquidity map analysis
Thanks Ben. Just what we asked for. Now ETH plz
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Extremely beneficial chart TA for those in the market today, very comprehensive. Ben = π (and yes I'm long π)
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6k ? God that be a dream come true, never have to worry about money ever again ! Lol I wish
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Solana didnt make a new ATH this cycle, so why do u think it will make one next cycle? How was the elliot waves back then and do they correlate or are they different this time?
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Thanks sir
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