📊 SOL/FDUSD Update: H4 Candle Close Watch & Market Structure
As we monitor the current price action, Solana (SOL) is testing a critical juncture. Having taken profit fully on previous positions, we are currently flat and sticking to a disciplined wait-and-see approach.
The Scenarios: We are closely watching the upcoming 4H candle close.
If price closes above the invalidation level, it shifts toward Possibility 1 (potential bullish reversal structure).
If rejection occurs, Possibility 2 remains active, pointing toward a deeper flush into our lower discount zone.
Strategy: No open positions for now. Patience and risk management come first until the market structure gives us a clear signal.
Stay disciplined and protect your capital! 🚀
#Solana #SOL #CryptoTrading #ElliottWave #BinanceSquare #TechnicalAnalysis
As we monitor the current price action, Solana (SOL) is testing a critical juncture. Having taken profit fully on previous positions, we are currently flat and sticking to a disciplined wait-and-see approach.
The Scenarios: We are closely watching the upcoming 4H candle close.
If price closes above the invalidation level, it shifts toward Possibility 1 (potential bullish reversal structure).
If rejection occurs, Possibility 2 remains active, pointing toward a deeper flush into our lower discount zone.
Strategy: No open positions for now. Patience and risk management come first until the market structure gives us a clear signal.
Stay disciplined and protect your capital! 🚀
#Solana #SOL #CryptoTrading #ElliottWave #BinanceSquare #TechnicalAnalysis
