Categories: Technical analysis

Solana Wave Analysis – 2 December 2025

Solana: ⬆️ Buy

– Solana reversed from long-term support level 128.30

– Likely to rise to resistance level 150.000

Solana cryptocurrency recently reversed from the support zone between the long-term support level 128.30 (which has been reversing the price from June) and the lower daily Bollinger Band.

The upward reversal from this support zone is likely to form the daily Japanese candlesticks reversal pattern Bullish Engulfing.

Given the recent breakout of the daily down channel from October and the bullish divergence on the daily Stochastic indicator, Solana cryptocurrency can be expected to rise to the next resistance level 150.000.

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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