Solana Enters Dual-Test Territory Next Move Could Redefine the Trend
Solana momentum is compressing as the chart approaches two key decision areas, making the following days crucial. SOL is poised for a big trend change with a deeper macro corrective goal and a recognized mid-range support zone.
Elliott Waves Academy offers a new weekly SOL viewpoint. This latest breach below a key level suggests a deeper corrective phase.
According to wave count and Fibonacci assessments, the correction should reach $49.26–$32.03, the 50%–61.8% retracement levels. A definite corrective pattern and robust rebound would support the bullish argument and indicate that buyers are returning with confidence if SOL reaches this territory. The next large swing will depend on price behavior in this zone.
A decisive breakthrough above the previously broken critical level would signify fresh upward momentum if this scenario plays out. However, a breach of $8.00 would negate the positive view and signify a deeper fundamental change.
As price tightens, SOL prepares for impact.
A CryptoPulse update suggests Solana will have a textbook technological setup. Current structure is tightening, indicating lower volatility and a possible decisive move. With SOL consolidating, the chart is approaching a big technical milestone.
The $133 support level has historically been a buyer response point. This technological zone is strengthened by real collaborations, constant growth, and on-chain action.
This convergence makes the plan clear: let price revisit $133 and see how the market reacts. If buyers create wicks, bullish engulfing candles, or big volume rises, the level may be holding again.
Fundamentals and technicals pointing to the same place generally indicate a strong follow-through. In such scenarios, confirmation rather than prediction is crucial to constructing a good position.
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