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Solana Technical Analysis Report 2 December, 2025

Solana Technical Analysis

Solana cryptocurrency be expected to rise toward the next resistance level 144.30, former strong support from October, which stopped earlier waves i and iv.

 

  • Solana reversed from support area
  • Likely to rise to resistance level 144.30

Solana cryptocurrency recently reversed up from the support area between the pivotal support level 125.25 (which has been reversing the price from June, as can be viewn from the daily Solana chart below) and the lower daily Bollinger Band. The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Bullish Engulfing – which continues the active short-term impulse wave 5, which belongs to the intermediate upward impulse wave (3), which also begined from the support level 125.25 at the end of November.

Given the strength of the support level 125.25 and the improving sentiment viewn across the cryptocurrency markets today, Solana cryptocurrency be expected to rise toward the next resistance level 144.30, former strong support from October, which stopped earlier waves i and iv.

Solana Technical Analysis
Solana Technical Analysis

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