Solana Analysis: Has The Top Already Formed?

Solana continues to underperform Bitcoin and remains stuck in a largely sideways and corrective structure since the February lows. In this update, we take a closer look at whether Solana may already have formed a top or whether the current B wave still has room for one more upside extension. We will analyse the larger Elliott Wave structure, the key support and resistance levels, and the current microstructure on the 4-hour chart to understand what the market is likely preparing next. In this video: • Why the move up from the February low still looks corrective • The key resistance levels Solana still needs to reach • When the probability of a larger sell-off increases • Why the $72–$78 support region remains critical • The possible diagonal structure in circle wave C • What signals could indicate a local low • Why Bitcoin and Ethereum remain important for context The overall structure remains fragile and as long as Solana fails to show impulsive upside strength, the risk remains elevated that the move from the February low was only a corrective rally within a larger downtrend. #Solana #SOL #Crypto Timestamps: 00:00 Solana remains weaker than Bitcoin 00:50 Are we already heading toward $62 or lower? 01:30 Larger Elliott Wave structure explained 02:20 Why the rally still looks corrective 03:29 Key support zones on the 4-hour chart 04:20 Why the $72–$78 zone is so important 05:05 The diagonal scenario in circle wave C 05:55 Why the next 24 hours matter 06:20 Conditions for a short-term upside reaction 06:56 Why the structure still looks fragile 07:15 Final thoughts and outlook ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Contact: [email protected] ----------------------------------------------------------------------------------------- 🧿 Exchanges & Brokers (Affiliate Links): 👉 Trade on Bybit: https://partner.bybit.com/b/MCO 👉 Trade on Bitget: https://partner.bitget.com/bg/MoreCryptoOnline 👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs 🔗 https://geolink.xtb.com/XjNyk (Please note: XTB services are not available to U.S. clients.) ----------------------------------------------------------------------------------------- 🧿 Research & Tools (Affiliate Links): 👉 Tradingview - Chart software Get a $15 discount on your first subscription: https://www.tradingview.com/?aff_id=108760 👉 Bitcoin Magazine Pro – On-chain data & research Get 20% off with code: 20MCO https://www.bitcoinmagazinepro.com 👉 CoinTracking – Portfolio & tax tracking Get 10% lifetime discount with this link: https://cointracking.info/?ref=B776587 👉 Protect your cryptocurrencies with Trezor: https://bit.ly/morecryptoonline 👉 Protect your cryptocurrencies with Ledger: https://shop.ledger.com/?r=0fb3c8be2e46 👉 Stay safe with NordVPN: https://go.nordvpn.net/SH4s0 ----------------------------------------------------------------------------------------- ⚠️ Disclaimer The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws. All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor. Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel. ⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.