Categories: Technical analysis

Solana Wave Analysis – 15 August 2025

Solana: ⬇️ Sell

– Solana reversed from resistance zone

– Likely to fall to support level 173.55

Solana cryptocurrency recently reversed from the resistance zone located between the resistance levels 200.00 and 210.00, as can be seen from the daily Solana chart below.

This resistance zone was further strengthened by the upper daily Bollinger Band and by the resistance trendline of the daily up channel from April.

Solana cryptocurrency can be expected to fall to the next support level 173.55 (low of the earlier minor correction).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Solana

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