SOL/FDUSD POSSIBILTY 2 UPDATE
Structural View:
The latest chart update highlights Possibility 2, tracking the ongoing consolidation within the Purple Wave 2 structure.
We are closely monitoring the setup for a potential strong impulsive push toward Purple Wave 3 while holding the lower support zone.
Invalidation Level:
Invalidation: Watch the critical floor at 81.48. A breakdown below this level invalidates this current scenario and requires a structural reassessment.
Execution Plan (No Shorts):
Stay disciplined: no short positions in this vulnerable zone. Manage your spot portfolio risk carefully and monitor price action around the lower Fibonacci levels!
#Crypto #Solana #ElliottWave #Trading #BinanceSquare
Structural View:
The latest chart update highlights Possibility 2, tracking the ongoing consolidation within the Purple Wave 2 structure.
We are closely monitoring the setup for a potential strong impulsive push toward Purple Wave 3 while holding the lower support zone.
Invalidation Level:
Invalidation: Watch the critical floor at 81.48. A breakdown below this level invalidates this current scenario and requires a structural reassessment.
Execution Plan (No Shorts):
Stay disciplined: no short positions in this vulnerable zone. Manage your spot portfolio risk carefully and monitor price action around the lower Fibonacci levels!
#Crypto #Solana #ElliottWave #Trading #BinanceSquare
