#Solana $SOL Short-Term Bounce
The rally from the August low remains in progress, showing a 3-wave advance, and could still complete the 5th wave higher.
As long as price stays above $74.50, the next move to the upside will aim for the $79 area.
Once this current cycle ends, a correction lower will take place to retest the previous lows.
Can Solana break above $80, or will the bears take over looking for a move below $70?
#Crypto #Trading #ElliottWave
The rally from the August low remains in progress, showing a 3-wave advance, and could still complete the 5th wave higher.
As long as price stays above $74.50, the next move to the upside will aim for the $79 area.
Once this current cycle ends, a correction lower will take place to retest the previous lows.
Can Solana break above $80, or will the bears take over looking for a move below $70?
#Crypto #Trading #ElliottWave