$48-55
Coverage of $48-55 in the Nexus archive.
- Solana(SOL): Why I'm not buying $86 (and where I will buy)
The article argues that Solana (SOL)'s current price of $86 is not the bottom, with the real target zone identified at $48-55 based on Elliott wave analysis. Key technical indicators like Fibonacci extensions, wave structure overlaps, and historical resistance flipped to support converge at this level. The author plans to buy after a wick into $48-55 and a daily close above recent highs, with targets at $129, $200, and $260-295.
- SOL: Why I'm not buying $86 (and where I will buy)
The author analyzes Solana (SOL) using Elliott wave theory, arguing that $86 is not the bottom and predicting a support zone at $48-55. Key technical indicators include Fibonacci extensions, wave structure overlaps, and historical resistance-turned-support levels. The plan involves buying at $48-55 with targets at $129, $200, and $260-295.