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š **SOLANA (SOL/USDT) Monthly Chart Analysis**
Current Price: **\$184.72**
š 24H Change: -3.96%
š 24H High: \$193.52 | š Low: \$180.67
š Volume (24h): 3.69M SOL / 686.81M USDT
š§ **Elliott Wave Projection** shows SOL may be forming a classic 5-wave structure:
* (1) and (2) are complete
* (3) and (4) also formed strong corrective and impulse patterns
* š Wave (5) target: **\$2,458.77** š
Key Resistance Levels:
* ā ļø \$340.55 ā Short-term resistance
* šÆ \$2,458.77 ā Long-term target (Wave 5 peak)
š **Long-term Vision:**
If the pattern plays out, SOL could potentially reach **\$2,400+ by 2027**, aligning with the final wave of the Elliott structure.
š Risk Zone: Breakdown support seen near **\$1.09**, historically strong.
š Recent Returns:
* š¼ 30 Days: +21.32%
* š¼ 90 Days: +24.14%
* š½ 180 Days: -19.32%
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š§ *Prediction: If Solana continues on this trajectory with ecosystem growth and wider adoption, the \$2,000+ target is ambitious but not impossible by 2027.*