The Trust Layer for Market Analysts

The analysis suggests that Solana has topped its Roman Wave 4 and is now in a bearish 5th wave decline. Initial support from a yellow trendline around $128 is being tested. Should this support break, Solana is projected to decline first to $96, then potentially to the $90-$81 region, with $81.52 marked as a 100% extension target for the current decline. In the very short term, price action has shown choppy movements, bouncing from support and retesting micro-resistance between $129 and $134. The primary bearish thesis would be invalidated if the price decisively breaks above the upper resistance level of $142.70. This level is crucial as a break above it would suggest that the Roman Wave 4 has not yet completed and an alternative, more bullish, pathway might be unfolding.