$SOL

📊 Solana (SOL) Analysis According to Elliott Waves

🔹 Current Situation:

• The rebound from this week's low appears to have ended as a structure of only 3 waves.

• This keeps the short-term pressure towards the downside as long as the price is below the resistance at $187.92.

🔸 Corrective Scenario:

• We are likely to see 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 a breakthrough of $187.92.

• Buyers may show strong interest at the area $173.35 – $164.20.#solanAnalysis