🚨 $SOL Macro Update: Post-Wave 5 Scenarios 🚨
The current rally toward $116 – $120 marks the completion of Wave 5 (local impulse top). A corrective pullback is expected next.
Here are the two key macro paths to watch:
🔹 POSSIBILITY 1 (Target: +/- $130)
Pullback must hold ABOVE the $95.16 Invalidation Level.
As long as $95.16 holds, we can expect the next major leg up toward +/- $130 ($134.47 zone).
🔹 POSSIBILITY 2 (If $95.16 Breaks)
A breakdown below $95.16 invalidates Possibility 1 and activates Possibility 2.
Price will enter a deeper ABC correction toward the $88.67 – $73.93 demand zone.
💡 Game Plan: Lock in profits at the Wave 5 top ($116–$120) and watch price action closely around the $95.16 key level during the dip!
#SOL #Solana #ElliottWave #CryptoAnalysis #BinanceSquare #CryptoTrading #TradingSignals
The current rally toward $116 – $120 marks the completion of Wave 5 (local impulse top). A corrective pullback is expected next.
Here are the two key macro paths to watch:
🔹 POSSIBILITY 1 (Target: +/- $130)
Pullback must hold ABOVE the $95.16 Invalidation Level.
As long as $95.16 holds, we can expect the next major leg up toward +/- $130 ($134.47 zone).
🔹 POSSIBILITY 2 (If $95.16 Breaks)
A breakdown below $95.16 invalidates Possibility 1 and activates Possibility 2.
Price will enter a deeper ABC correction toward the $88.67 – $73.93 demand zone.
💡 Game Plan: Lock in profits at the Wave 5 top ($116–$120) and watch price action closely around the $95.16 key level during the dip!
#SOL #Solana #ElliottWave #CryptoAnalysis #BinanceSquare #CryptoTrading #TradingSignals
