🚀 Solana (SOL) Technical Update & Price Action Setup!
Solana is currently showing a test toward the support level on the chart, where we expect a sharp bounce.
Wave Structure: The impulse waves on the chart (from i to vi) have been completed so far, and price is currently moving through a correction phase—this is a good sign for bullish continuation.
Support Test: SOL is pulling back toward its key horizontal support ($112 - $113 area), where we hope to see a strong entry from buyers.
Next Target: After holding this support zone, Solana appears set to see a strong upward momentum (🚀).
For spot traders, this dip zone and these technical levels offer the best opportunities to watch closely. What do you think about this move? Let us know in the comments! 👇
Disclaimer: This post is for informational purposes only and is not financial advice. Always do your own research.$USDC $SOL
Solana is currently showing a test toward the support level on the chart, where we expect a sharp bounce.
Wave Structure: The impulse waves on the chart (from i to vi) have been completed so far, and price is currently moving through a correction phase—this is a good sign for bullish continuation.
Support Test: SOL is pulling back toward its key horizontal support ($112 - $113 area), where we hope to see a strong entry from buyers.
Next Target: After holding this support zone, Solana appears set to see a strong upward momentum (🚀).
For spot traders, this dip zone and these technical levels offer the best opportunities to watch closely. What do you think about this move? Let us know in the comments! 👇
Disclaimer: This post is for informational purposes only and is not financial advice. Always do your own research.$USDC $SOL
