Technical analysis by Elliot-Wave-Analysis about Symbol SOL: Buy recommendation (7/20/2025)

Solana – Textbook Elliott Wave Structure Unfolding! Clear impulsive fractals, textbook ABC corrections, and precise Fibonacci reactions – this 1h chart on SOL is a dream for any Elliottician. We’re currently finishing wave C of (4) within a well-formed bullish impulse. Key support lies between $170–$173, aligning perfectly with the 38–50% retracement zone. From there, I expect wave 5 to launch, targeting $232.46 (1.618 extension), which would complete the green (3) wave. Both RSI and MACD suggest we're approaching exhaustion – a healthy reset here could provide the perfect setup for the next breakout. 🔹 Are you bullish on Solana? 🔹 What chart would you like me to analyze next? 👇 Let me know in the comments and feel free to follow for more detailed Elliott Wave crypto setups. #Solana #ElliottWave #CryptoTA #TechnicalAnalysis #Wave5 #Fibonacci #BullishSetup #Altseason #CryptoBreakout #SOLUSDT #TradingView