$SOL update đ
Two key scenarios remain in play:
đą Bullish: Current move develops into a full 5-wave rally, targeting higher levels and confirming a larger trend reversal.
đŽ Bearish: This is only an ABC corrective bounce before another leg down.
The key area to watch is Fibonacci resistance:
âą Reaching 0.618 quickly = stronger bullish case
âą Rejection near 0.382 = higher probability of further downside
Stay cautious volatility remains high and additional pullbacks are still possible before a sustained move higher.
#sol #solana #crypto #trading #ElliottWave
Two key scenarios remain in play:
đą Bullish: Current move develops into a full 5-wave rally, targeting higher levels and confirming a larger trend reversal.
đŽ Bearish: This is only an ABC corrective bounce before another leg down.
The key area to watch is Fibonacci resistance:
âą Reaching 0.618 quickly = stronger bullish case
âą Rejection near 0.382 = higher probability of further downside
Stay cautious volatility remains high and additional pullbacks are still possible before a sustained move higher.
#sol #solana #crypto #trading #ElliottWave