SOL / TetherUS
Short
Updated

[SeoVereign] SOLANA BULLISH Outlook – August 11, 2025

294
Recently, Solana’s price movement has been showing a very classic Elliott Wave pattern.
Based on this, I would like to present a bearish outlook this time.

The basis for this idea is as follows:

Wave 5 = 50% of the length of Waves 0–3

Wave 5 = equal length to Wave 1 (1:1 ratio)

In addition, the fact that Wave 5 is forming an ending diagonal pattern strongly suggests the possibility of a decline.

Please refer to the chart for more details.

Accordingly, the first target price has been set at 175 USDT.

I plan to continue updating this idea as the movement unfolds.

Thank you.
Trade active
snapshot
FIRST TP HIT!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.