Solana Wave Analysis – 27 May 2025

Solana: Buy

– Solana rising inside daily up channel

– Likely to reach resistance level 186.10

Solana cryptocurrency recently reversed up from the support trendline of the daily up channel from the start of April (coinciding with the 20-day moving average).

The upward reversal from this support trendline continues the active impulse wave 3 of the intermediate impulse wave (3) from last month.

Solana cryptocurrency can be expected to rise to the next resistance level 186.10, which stopped the previous impulse wave 1 in the middle of May.