$SOL is at a critical technical junction featuring two primary Elliott Wave setups, with recent geopolitical escalations acting as a major macro catalyst shifting market sentiment toward risk-off.
📌 Two Primary Scenarios: Possibility 1 (High Probability ~70% - Deep Impulse): The daily chart indicates we are near the end of sub-wave ii, opening the path for an impulsive Wave iii drop down to $89.75 – $86.74, with potential Wave v extension reaching major demand at $80.00 – $76.00. Invalidation sits above $110.57.
Possibility 2 (Low Probability ~30% - Shallow Correction): A temporary liquidity sweep holding key support at $96.00 – $92.50 before resuming the macro trend. Invalidation sits below $90.
💡 Spot Game Plan: As a spot trader, holding cash is an active, strategic position. Instead of guessing, we react to price action: if $SOL holds and prints a strong reversal pattern at $96.00 – $92.50, a tight-risk entry for Possibility 2 opens up; if that level breaks, we patiently wait to buy the deeper discount at $89.00 – $76.00.
Crypto family, here is the technical mapping for SOL/FDUSD based on Elliott Wave theory. We are currently watching a potential impulsive decline (POSSIBILITY 2) to complete the broader corrective wave.
📌 Key Highlights & Technical Mapping Current Status: Price is trading around 104.44, hovering near the Wave (2) Pink resistance zone (Fibonacci 0.382 – 0.618 / range 103.98 – 105.27).
Target Projections (Impulsive Pink Wave): Wave (3) Target: 97.72 – 96.56 area (Fib 1.38 – 1.618). Wave (4) Retracement: Potential pull-back towards 99.66 – 100.62. Wave (5) Target / Wave IV Bottom: Final downside target sits around 94.23 – 89.22 (major support zone).
⚠️ Invalidation Levels (Risk Management) Pink Wave Invalidation: 107.51 (A breakout above this level invalidates the 5-wave pink impulse count). Possibility 2 Invalidation: 91.73
💡 Trader's Note: Watch closely for rejection or breakout price action around Wave 2 (103.98 – 105.27) before taking any setup. Always practice proper risk management and use Stop Losses!
I have taken profit on all my spot positions.
What’s your outlook on $SOL ? Are we heading down to $96 or breaking out to the upside? Drop your thoughts below! 👇
Solana ($SOL) is currently respecting a classic Elliott Wave corrective structure on the 1-hour chart. After completing the local top around $110,xxx , price action is unfolding in a 5-wave impulse move down to complete the broader Wave c/iv. Here is the setup breakdown and key technical levels to watch:
📊 Key Technical Levels Pullback / Short Entry Zone: $104.55 – $105.52 (Fibonacci Retracement 0.382 – 0.618) First Support / Area Wave 1: $101.99 – $103.03 Primary Target Zone (Wave 3 & 4): $96.00 – $98.00 Final Wave 5 Target: $91.80 – $94.00 Invalidation Level: A sustained breakout above $108.00 invalidates this corrective scenario.
💡 Strategy & Analysis Price is currently forming Wave (2) retracement. Looking for rejection signals around the $104.55 – $105.52 supply area before Wave (3) pushes lower toward the key demand zone near $96.00. Always practice strict risk management, as market volatility can shift rapidly.
What’s your outlook on $SOL? Are you buying the dip at $96 or waiting for higher confirmation? Let me know below! 👇
Solana ($SOL ) is currently respecting a classic Elliott Wave corrective structure on the 1-hour chart. After completing the local top around $110,xxx , price action is unfolding in a 5-wave impulse move down to complete the broader Wave c/iv. Here is the setup breakdown and key technical levels to watch:
📊 Key Technical Levels Pullback / Short Entry Zone: $104.55 – $105.52 (Fibonacci Retracement 0.382 – 0.618) First Support / Area Wave 1: $101.99 – $103.03 Primary Target Zone (Wave 3 & 4): $96.00 – $98.00 Final Wave 5 Target: $91.80 – $94.00 Invalidation Level: A sustained breakout above $108.00 invalidates this corrective scenario.
💡 Strategy & Analysis Price is currently forming Wave (2) retracement. Looking for rejection signals around the $104.55 – $105.52 supply area before Wave (3) pushes lower toward the key demand zone near $96.00. Always practice strict risk management, as market volatility can shift rapidly.
What’s your outlook on $SOL ? Are you buying the dip at $96 or waiting for higher confirmation? Let me know below! 👇
🚨 SOL/FDUSD 1H: Breakdown Confirmed! 🚨 Trendline support is officially broken. We are entering Wave 1 (Purple) of the bearish correction path (Possibility 2). Key Levels to Watch: Wave 1 Target: $101.99 – $103.03 (Fib 0.618 - 0.764) Wave 2 Bounce Area: $104.70 – $105.35 Wave 3 Drop Target: $94.00 – $97.00 Invalidation Line: $91.73 Avoid FOMO buying in the middle zone. Wait for clear reactions around the $102–$103 support for potential retests. Practice strict risk management! 📉
🚨 SOL/FDUSD 1H: Breakdown Confirmed! 🚨 Trendline support is officially broken. We are entering Wave 1 (Purple) of the bearish correction path (Possibility 2). Key Levels to Watch: Wave 1 Target: $101.99 – $103.03 (Fib 0.618 - 0.764) Wave 2 Bounce Area: $104.70 – $105.35 Wave 3 Drop Target: $94.00 – $97.00 Invalidation Line: $91.73 Avoid FOMO buying in the middle zone. Wait for clear reactions around the $102–$103 support for potential retests. Practice strict risk management! 📉
SpotSafeCapital
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🔥 SOL/FDUSD (1H) TECHNICAL ANALYSIS: Bull Trap or Gear-Up for the Next Leg Up?
Solana ($SOL) sits at a critical junction after bouncing toward the $105.23 level. Based on Elliott Wave structure on the 1-Hour chart, two major scenarios are currently in play:
📈 Scenario 1: Bullish Continuation (Red Line) This scenario remains active as long as the price holds above the current Fibonacci retracement zone. Key Support Area: Fibo 0.382 ($104.81) – Fibo 0.5 ($103.99) Bullish Confirmation: A solid bounce above $105.00 retesting the $107.00 resistance. Upside Targets (Wave 5 / b): $108.79 (Fibo 1.0), $112.01 (Fibo 1.38), and $114.03 (Fibo 1.618).
📉 Scenario 2: Bearish / Bull Trap (Purple Line - Possibility 2) Activated if selling pressure breaks down the key Fibonacci support levels. Breakdown Trigger: A candle close below Fibo 0.618 ($103.07) – 0.764 ($102.02). Deeper Correction Targets (Waves 3-4-5): A slide down toward the major support zone at $94.00 – $96.00. Invalidation Level for Scenario 2: $91.73.
💡 Spot Trader Strategy: Scaled Buys (DCA): Allocate capital in tranches around the strong support zone ($103.99–$104.81). Risk Control: Manage downside risk if the price closes below $102.00 on higher timeframes.
Partial Take-Profit: Lock in gains progressively as price approaches the $108.00–$112.00 resistance box. What’s your take on $SOL? Are we heading for a breakout or is this a classic bull trap? Drop your thoughts below! 👇
📌 My Personal Strategy Update: I have officially started scaling in via DCA with my first buy executed at $105.15. If the bullish scenario plays out, I will take partial profits around $108.00 - $112.00. However, if price breaks down into Scenario 2 (purple line), I have reserved capital ready to average down at the lower major support zone ($94.00 - $96.00). Stay calm, scale in, and manage your risk! 🎯
Disclaimer: DYOR (Do Your Own Research). This post is for educational purposes only and does not constitute financial advice.
🔥 SOL/FDUSD (1H) TECHNICAL ANALYSIS: Bull Trap or Gear-Up for the Next Leg Up?
Solana ($SOL) sits at a critical junction after bouncing toward the $105.23 level. Based on Elliott Wave structure on the 1-Hour chart, two major scenarios are currently in play:
📈 Scenario 1: Bullish Continuation (Red Line) This scenario remains active as long as the price holds above the current Fibonacci retracement zone. Key Support Area: Fibo 0.382 ($104.81) – Fibo 0.5 ($103.99) Bullish Confirmation: A solid bounce above $105.00 retesting the $107.00 resistance. Upside Targets (Wave 5 / b): $108.79 (Fibo 1.0), $112.01 (Fibo 1.38), and $114.03 (Fibo 1.618).
📉 Scenario 2: Bearish / Bull Trap (Purple Line - Possibility 2) Activated if selling pressure breaks down the key Fibonacci support levels. Breakdown Trigger: A candle close below Fibo 0.618 ($103.07) – 0.764 ($102.02). Deeper Correction Targets (Waves 3-4-5): A slide down toward the major support zone at $94.00 – $96.00. Invalidation Level for Scenario 2: $91.73.
💡 Spot Trader Strategy: Scaled Buys (DCA): Allocate capital in tranches around the strong support zone ($103.99–$104.81). Risk Control: Manage downside risk if the price closes below $102.00 on higher timeframes.
Partial Take-Profit: Lock in gains progressively as price approaches the $108.00–$112.00 resistance box. What’s your take on $SOL? Are we heading for a breakout or is this a classic bull trap? Drop your thoughts below! 👇
📌 My Personal Strategy Update: I have officially started scaling in via DCA with my first buy executed at $105.15. If the bullish scenario plays out, I will take partial profits around $108.00 - $112.00. However, if price breaks down into Scenario 2 (purple line), I have reserved capital ready to average down at the lower major support zone ($94.00 - $96.00). Stay calm, scale in, and manage your risk! 🎯
Disclaimer: DYOR (Do Your Own Research). This post is for educational purposes only and does not constitute financial advice.
$SOL /FDUSD Structural Update: Transitioning to Possibility Following the recent rejection at the local highs, price action indicates that the purple Wave C within the larger green Wave B has likely concluded. As a result, we are pausing all buy-scalping setups to align with the emerging corrective impulse.
Technical Outlook: Immediate Target (Wave 1): A breakdown below the rising trendline targets the $103.07 – $102.02 confluence zone (Fib 0.618–0.764).
Macro Projection: Should the impulse hold, Wave (3) and (5) are projected to drag SOL toward the primary demand zone around $92.00. Invalidation: $91.73
Trading Discipline: Capital preservation comes first. Avoid chasing entries until the corrective sub-waves confirm structure.
Here is an updated technical outlook for $SOL /FDUSD on the 1H timeframe under our Posibility 2 macro structure. Macro Wave Context: Looking at the larger structure, the current price action aligns closely with a corrective green Wave B rather than a primary impulse Wave 5. There are two structural possibilities regarding this Wave B:
It is currently in its final sub-micro expansion towards $108.79 (1.0 Fib Extension). Wave B may have already topped out around the $107.00 region, marking the early stage of a major corrective shift.
Micro Structure & Local Scenarios: Scenario A (Final Wave 5 Push to $108.79): At the sub-micro level, the rally from the $100 region forms a 5-wave impulse chain. The current pullback is testing the Fibonacci support zone ($103.97 – $104.79) as a local Wave (4). If this support holds, expect one final leg upward (Wave 5) to complete Wave B at $108.79. Scenario B (Wave B Completed & Wave C Drop): If local support fails and price breaks below the Wave 4 Invalidation Level at $103.16, it confirms that Wave B is finished. This will trigger a impulsive Wave c / Wave iv decline toward the primary demand zone at $92.53 – $96.00.
📌 Key Technical Levels: Current Resistance / Target: $108.79 (1.0 Fib Extension) Local Support Zone (Wave 4): $103.97 – $104.79 Wave 4 Invalidation: $103.16 Major Target Support (Wave c): $92.53 (0.5 Fib Retracement) Macro Invalidation: $91.73
💡 Trading Strategy & Execution Plan:
Aggressive Plan: Look for long re-entries in the $103.97 – $104.79 zone with a tight stop loss below $103.16, targeting $108.50+.
Conservative Plan: Maintain cash reserves and wait for the larger Wave c correction to develop toward $92.53 – $96.00 for a high-probability spot buyback ahead of the primary Wave v rally.
Manage your risk strictly and protect your capital! 🚀 #Solana #SOLFDUSD #ElliottWave #TradingView #CryptoAnalysis #TechnicalAnalysis
$SOL I have included the small wave (micro-structure) here.
SpotSafeCapital
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$SOL FDUSD (4H) — ELLIOTT WAVE ANALYSIS
On the 4H SOL/FDUSD chart, price action is currently respecting the Posibility 2 scenario, indicating the completion of a Wave b corrective structure (Expanded/Flat Correction). Technical Analysis & Elliott Wave: Wave b Structure: The bullish momentum from $97.00 is expected to complete sub-wave (C) of Wave b towards the Fibonacci Extension zone at $108.69 - $113.86 (1.38 - 1.618 Fib). This area acts as a supply zone and liquidity sweep target. Next Wave Projection: Following the completion of Wave b, price is projected to enter a Wave c correction (higher degree Wave iv) toward the H4 Demand Zone around $92.45. 📌 Key Trading Zones: Current Price: ~$104.14 H4 Breakout Confirmation: H4 Candle Close above $105.60 Target Area (Wave b): $108.69 - $113.86 Major Support / Demand Zone: $92.45 - $96.00 Invalidation Level: $91.73 (Posibility 2 scenario is invalidated if price drops below this level) 💡 Trading Strategy: Spot Holders: Scale out and take partial profits as price approaches $108.69 - $112.00. Buyback Plan: Prepare capital to re-enter around the $92.45 - $96.00 demand zone for the main Wave v expansion ($116.00+). Always manage your risk appropriately and use Stop Losses! If you find this analysis helpful, please hit the Like & Follow buttons for future updates. Feel free to share your thoughts in the comments! 🚀 #Solana #SOLFDUSD #ElliottWave #CryptoAnalysis #TechnicalAnalysis #TradingPlan
$SOL FDUSD (4H) — ELLIOTT WAVE ANALYSIS On the 4H SOL/FDUSD chart, price action is currently respecting the Posibility 2 scenario, indicating the completion of a Wave b corrective structure (Expanded/Flat Correction). Technical Analysis & Elliott Wave: Wave b Structure: The bullish momentum from $97.00 is expected to complete sub-wave (C) of Wave b towards the Fibonacci Extension zone at $108.69 - $113.86 (1.38 - 1.618 Fib). This area acts as a supply zone and liquidity sweep target. Next Wave Projection: Following the completion of Wave b, price is projected to enter a Wave c correction (higher degree Wave iv) toward the H4 Demand Zone around $92.45. 📌 Key Trading Zones: Current Price: ~$104.14 H4 Breakout Confirmation: H4 Candle Close above $105.60 Target Area (Wave b): $108.69 - $113.86 Major Support / Demand Zone: $92.45 - $96.00 Invalidation Level: $91.73 (Posibility 2 scenario is invalidated if price drops below this level) 💡 Trading Strategy: Spot Holders: Scale out and take partial profits as price approaches $108.69 - $112.00. Buyback Plan: Prepare capital to re-enter around the $92.45 - $96.00 demand zone for the main Wave v expansion ($116.00+). Always manage your risk appropriately and use Stop Losses! If you find this analysis helpful, please hit the Like & Follow buttons for future updates. Feel free to share your thoughts in the comments! 🚀 #Solana #SOLFDUSD #ElliottWave #CryptoAnalysis #TechnicalAnalysis #TradingPlan
Structure points to a macro-bearish continuation into the H4 Demand Zone! 📊 Key Scenarios: • Possibility 1: Retest $103.06–$103.70 (Fibo 0.5–0.618 Wave B) before a drop to $98.32 ➔ $94.99. • Possibility 2: Wave (4) capped at $102.08. Direct impulse to $98.96–$99.81, bounce to $104.50, then final drop to $91.73.
⚠️ FLASH NEWS: US NFP Beats Expectations Big Time — Impact on $SOL ! The Nonfarm Payrolls (NFP) data just came in significantly higher than expected (162K vs 55K Exp). This solid US economy and labor market data could exert short-term pressure on the crypto market! 🔍 Impact on $SOL Setup (H4 Possibility 2): Accelerated Drop: This data release could accelerate the Wave c / Wave iv move down toward the H4 Demand Zone. Target Dip Area: Pushing price deeper into $96.77 (AREA A) down to the primary cluster at $91.73 – $92.45. Strategy: Avoid FOMO Longs midway! Capitalize on this news volatility by waiting for a confirmed bounce inside the Demand Area. ⚠️ Always use a Stop Loss and manage your risk wisely! #NFP #CryptoNews #SOL #Solana #BinanceSquare #MacroEconomy
Solana ($SOL) has tapped into our targeted resistance zone on the 4H timeframe, completing Wave b of its ongoing corrective pattern. We are now monitoring a potential impulse drop in Wave c / Wave iv before the larger macro rally resumes! 📊
🔍 Technical Structure Breakdown Wave b Completion: The corrective bounce met strong selling pressure around the 0.618–0.764 Fibonacci retracement zone ($105.73 – $107.64), marking the local top of Wave b. Wave c / Wave iv Projections: A breakdown from current levels targets the major demand cluster below: Target 1 (AREA A): $96.77 (0.382 Fibo) — First major support level. Target 2 (Ideal Wave iv Bottom): $92.45 (0.5 Fibo) down to $91.73. Macro Horizon (Wave v Target): Once Wave iv completes its correction around $91.73–$92.45, the long-term trend points toward Wave v / (c) targeting $117.50+.
Scenario Invalidation: A clean breakdown below $91.73 invalidates this specific Possibility 2 wave structure.
💡 Strategy & Execution Plan Short Traders: Consider taking partial profits (50% TP) around $96.77 (Area A) and moving Stop Losses to Breakeven (SL+) to keep the remaining position risk-free.
Spot / Long Traders: Exercise patience! The ideal re-entry zone for a high-reward Long setup sits inside the $91.73 – $96.77 demand box to capture the upcoming Wave v expansion toward $117.50.
⚠️ Disclaimer: For educational purposes only. Not financial advice. Always manage your risk and DYOR!
💬 Do you think $SOL will hold above $92.45 for a bounce to $117.50, or break lower? Drop your thoughts below! 👇
$SOL / FDUSD 4H Analysis: Possibility 2 — Deeper Corrective Wave Ahead? Solana ($SOL ) has tapped into our targeted resistance zone on the 4H timeframe, completing Wave b of its ongoing corrective pattern. We are now monitoring a potential impulse drop in Wave c / Wave iv before the larger macro rally resumes! 📊
🔍 Technical Structure Breakdown Wave b Completion: The corrective bounce met strong selling pressure around the 0.618–0.764 Fibonacci retracement zone ($105.73 – $107.64), marking the local top of Wave b. Wave c / Wave iv Projections: A breakdown from current levels targets the major demand cluster below: Target 1 (AREA A): $96.77 (0.382 Fibo) — First major support level. Target 2 (Ideal Wave iv Bottom): $92.45 (0.5 Fibo) down to $91.73. Macro Horizon (Wave v Target): Once Wave iv completes its correction around $91.73–$92.45, the long-term trend points toward Wave v / (c) targeting $117.50+.
Scenario Invalidation: A clean breakdown below $91.73 invalidates this specific Possibility 2 wave structure.
💡 Strategy & Execution Plan Short Traders: Consider taking partial profits (50% TP) around $96.77 (Area A) and moving Stop Losses to Breakeven (SL+) to keep the remaining position risk-free.
Spot / Long Traders: Exercise patience! The ideal re-entry zone for a high-reward Long setup sits inside the $91.73 – $96.77 demand box to capture the upcoming Wave v expansion toward $117.50.
⚠️ Disclaimer: For educational purposes only. Not financial advice. Always manage your risk and DYOR!
💬 Do you think $SOL will hold above $92.45 for a bounce to $117.50, or break lower? Drop your thoughts below! 👇
$SOL /USD Update: Pivot Back to Possibility 1 — Bullish Reversal Active! Possibility 2 is invalidated! Solana ($SOL ) formed a bottom earlier than expected at ~$97.30, completing Wave 5/C. Price has broken structure upwards and Possibility 1 is officially active. 📈 🔍 Technical Structure Breakdown Wave a Peak: Currently pushing toward $102.35 (0.382 Fibo). Wave b Pullback Target: Expecting a corrective dip to retest the Discount zone at $98.05 – $99.13 (Fibo 0.618 – 0.854). Wave c Target (H4 Resistance): Final impulse leg up targeting $103.90 (0.5 Fibo), $105.44 (0.618 Fibo), and up to $107.35 (0.764 Fibo). Major Invalidation: $92.34. 💡 Strategy & Re-Entry Plan Buy on Dip (Wave b): Look for Long re-entry opportunities around $98.05 – $99.13. Take Profit: Scaling out between $103.90 – $107.35. ⚠️ Disclaimer: Educational content. Always manage your risk & DYOR! #Solana #SOL #CryptoTrading #ElliottWave #BinanceSquare #TechnicalAnalysis
$SOL /USD Update: Possibility 2 Confirmed — Final Wave 5 Leg Underway! Solana rejected as expected near Wave 4 resistance and is now tracking Possibility 2. The market is unfolding into its final submicro Wave 5 leg inside the H4 Demand Zone! 📉 🔍 Technical Breakdown Trigger Level: A break below $99.19 ("IF BREAK WAVE 5 Begin") confirms the acceleration of submicro Wave 5 / Wave C. Target Area (Pink Zone): Price is targeting the Fibonacci Extension cluster 1.0 – 1.618 inside the H4 Demand Zone: Fibo 1.0: $97.36 Fibo 1.236: $96.42 Fibo 1.414: $95.71 Fibo 1.618: $94.89 Major Bull Invalidation: The macro bullish wave structure remains valid as long as sol holds above $92.34. 💡 Actionable Strategy Patience for Longs: Wait for price to sweep into the $94.89 – $97.36 pink demand box and print confirmation before scaling back in. Risk Management: Keep Stop Loss protected below the $92.34 major invalidation level. ⚠️ Disclaimer: Educational content only, not financial advice. Always DYOR and manage your risk! 💬 Are you waiting for the $94.89–$97.36 demand zone sweep to reload? Let me know your plan below! 👇 #Solana #SOL #CryptoTrading #TechnicalAnalysis #ElliottWave #BinanceSquare #Altcoins
SpotSafeCapital
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$SOL analysis: Secured Half Profits (Possibility 1 vs Possibility 2)
Solana ($SOL ) has hit our local pullback targets! I’ve taken 50% profits (Partial TP) on my position while watching two key Elliott Wave scenarios unfold. 📊 🔍 Key Scenarios Breakdown POSSIBILITY 1 (Direct Bullish Reversal): Local Wave 5 / C completed around the $96.90 – $97.78 extension zone. Price is now bouncing up toward $102.38 (Wave a), with main upside targets at $105.47 – $107.38 (H4 Resistance). POSSIBILITY 2 (Extended Wave 4 Retest): Price is currently testing the Wave 4 resistance zone ($100.43 – $101.32). A rejection here could trigger one final dip toward the lower H4 Demand Zone ($96.00 – $96.80) before the larger reversal.
💡 Risk Management Strategy Partial TP Executed: Secured 50% profit to lock in gains and make the remaining position risk-free. Stop Loss Adjustment: Set Stop Loss to Breakeven (SL+) on the remaining half. Major Invalidation Level: $92.34 (Macro Bullish Structure remains intact above this level).
⚠️ Disclaimer: Educational content only, not financial advice. Always practice strict Risk Management & DYOR!
💬 Did you take profits on $SOL here or are you holding for $107? Let me know below! 👇
$SOL analysis: Secured Half Profits (Possibility 1 vs Possibility 2)
Solana ($SOL ) has hit our local pullback targets! I’ve taken 50% profits (Partial TP) on my position while watching two key Elliott Wave scenarios unfold. 📊 🔍 Key Scenarios Breakdown POSSIBILITY 1 (Direct Bullish Reversal): Local Wave 5 / C completed around the $96.90 – $97.78 extension zone. Price is now bouncing up toward $102.38 (Wave a), with main upside targets at $105.47 – $107.38 (H4 Resistance). POSSIBILITY 2 (Extended Wave 4 Retest): Price is currently testing the Wave 4 resistance zone ($100.43 – $101.32). A rejection here could trigger one final dip toward the lower H4 Demand Zone ($96.00 – $96.80) before the larger reversal.
💡 Risk Management Strategy Partial TP Executed: Secured 50% profit to lock in gains and make the remaining position risk-free. Stop Loss Adjustment: Set Stop Loss to Breakeven (SL+) on the remaining half. Major Invalidation Level: $92.34 (Macro Bullish Structure remains intact above this level).
⚠️ Disclaimer: Educational content only, not financial advice. Always practice strict Risk Management & DYOR!
💬 Did you take profits on $SOL here or are you holding for $107? Let me know below! 👇
Solana ($SOL ) is currently moving near the completion of its micro Wave 5 / Wave$C drop on the 30M chart. Here is the technical breakdown for this scenario! 📊 🔍 Market Structure Analysis Final Wave 5 Dip Target: SOL is completing its local bearish impulse into the H4 Demand Zone, targeting the Fibonacci extension cluster between $96.90 – $97.78 (1.236 – 1.618 Fibo Ext). Bullish Reversal (Wave C Recovery): Once Wave 5 finishes inside the demand zone, a strong corrective rally is expected to start: Wave a Target: Push toward $102.11 (0.382 Fibo) – $103.70 (0.5 Fibo). Wave b Pullback: Minor retracement expected after testing $102.11. Wave c Target: Final leg up targeting $105.30 (0.618 Fibo) up to $107.27 (0.764 Fibo) inside the H4 Resistance Zone. Major Invalidation: The macro bullish thesis fails if price breaks below $92.34. 💡 Potential Trading Setup 📈 Long Scenario (Buy at Demand): Entry Zone: $96.90 – $97.78 (H4 Demand Zone) Target 1 (TP1): $102.11 Target 2 (TP2): $105.30 – $107.27 Stop Loss: Below $92.34 (or tight SL below $96.00) ⚠️ Disclaimer: For educational purposes only. Always manage your risk and DYOR! 💬 Do you think $SOL will hold the $97 demand zone and rally to $107? Drop your thoughts below! 👇 #Solana #SOL #CryptoTrading #TechnicalAnalysis #ElliottWave #BinanceSquare #CryptoAnalysis #Altcoins
🚀 $SOL /USD Technical Update: Elliott Wave & Key Levels to Watch! Solana ($SOL ) is currently showing a textbook Elliott Wave corrective structure on the 30M timeframe. Let's break down the chart setup! 📊
🔍 Market Structure Analysis Wave 4 Retest Zone: SOL is expected to experience a limited pullback toward the Fibonacci Retracement levels between $100.61 (0.382) and $101.32 (0.5) to complete Wave (4). Wave 5 & Wave C Target: Following a rejection in that resistance zone, price action is projected to drop in a final impulsive Wave (5) into the H4 Demand Zone around $96.00 – $96.66.
Major Invalidation: The long-term Big Major Bullish structure will be invalidated if the price drops and closes below $92.34.
💡 Potential Trading Plan 📉 Short Scenario (Sell on Rally): Entry Zone: $100.61 – $101.32 Take Profit: $96.66 Stop Loss: Above $104.50
📈 Long Scenario (Buy at Demand): Entry Zone: $96.00 – $96.66 (H4 Demand Zone) Take Profit: $102.00+ Stop Loss: Below $92.34
⚠️ Disclaimer: This post is for educational purposes and technical market analysis only, not financial advice. Always DYOR (Do Your Own Re$search) and manage your risk carefully!
💬 What is your take on $SOL ? Will it bounce off the $96 demand zone or dip further? Drop your thoughts below! 👇 #Solana #SOL #CryptoTrading #TechnicalAnalysis #ElliottWave #BinanceSquare #CryptoAnalysis #Altcoins $$
🚨 SOLANA ($SOL ) ANALYSIS: BULLISH CONTINUATION VS DEEP CORRECTION 🚨 Here is the technical breakdown for SOLANA (4H Timeframe). Price is currently sitting at a critical Decision Zone.
📌 POSSIBILITY 1: BULLISH CONTINUATION (Major Wave 4 Retrace) Valid if SOL holds the Demand / Retracement area and continues its primary uptrend. Buy Area (Wave iv): $96.66 – $92.35 (0.382 – 0.5 Fibo Retracement) Target Resistance (Wave v/c): $113.75 – $119.03 Invalidation Level: Breakdown & 4H Candle Close below $92.34 (Invalidates Major Bull scenario).
📌 POSSIBILITY 2: BEARISH CORRECTION (Target Wave a Green) Valid if price fails to hold support and confirms a market structure shift to the downside. Critical Level: Breakdown below $98.50 shifts trend to Bearish. Primary Target (Wave a Green): $95.39 – $90.65 (0.382 – 0.5 Green Fibo Zone). Invalidation Level: Breakout & Close above $110.69 (Invalidates Bearish scenario).
💡 TRADING PLAN & STRATEGY Pivot Zone Watch ($96.00 - $98.50): Monitor price action closely. A strong rejection with LTF (15m/1H) CHoCH confirmation triggers a LONG setup (Possibility 1). Short Setup (Possibility 2): A clean breakdown below $98.50 with heavy volume opens a Short opportunity down to Wave a Green ($95.39 - $90.65).
Strict Risk Management is essential. Always trade with a Stop Loss! 🚀 #SOL #Solana #CryptoAnalysis #TechnicalAnalysis #BinanceSquare