Categories: Technical analysis

Solana Wave Analysis – 24 November 2025

Solana: ⬆️ Buy

– Solana reversed from support area

– Likely to rise to resistance level 144.0

Solana cryptocurrency recently reversed from support area between the strong long-term support level 128.30 (which stopped wave 2 in June) and the lower daily Bollinger Band.

The upward reversal from this support area stopped the previous multi-week downward ABC correction (2) from September and started the active impulse wave 1.

Given the oversold daily Stochastic, Solana cryptocurrency can be expected to rise to the next resistance level 144.0 (top of the latest uwpard correction iv).

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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