$SOL
📊 Solana (SOL) Analysis According to Elliott Waves
🔹 Current Situation:
• The rebound from this week's low seems to have ended as a structure of only 3 waves.
• This keeps the short-term pressure towards a decline as long as the price is below the resistance at $187.92.
🔸 Corrective Scenario:
• We are likely to witness an additional low within wave c of (Y).
• The potential buying interest area ranges between $173.35 – $164.20.
⚖️ Conclusion:
• The short-term trend remains bearish until breaking $187.92.
• Buyers may show strong interest at the area $173.35 – $164.20.