$SOL is approaching the 61.8% retracement at $79.38, within the target zone at $76.76 - $87.77.
Solana is following Bitcoin, and a little more downside is likely because Bitcoin is also expected to move lower. The short-term outlook has been bearish for the past few weeks, but the broader picture still allows for a larger recovery in cycle wave C of wave b once cycle wave B is complete.
Solana is following Bitcoin, and a little more downside is likely because Bitcoin is also expected to move lower. The short-term outlook has been bearish for the past few weeks, but the broader picture still allows for a larger recovery in cycle wave C of wave b once cycle wave B is complete.
