$SOL Technical Update: Wave (3) In Progress & Extension Risk

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$SOL Technical Update: Wave (3) In Progress & Extension Risk/Opportunity! 🚀

The expected breakdown from Wave (2) is playing out smoothly! Here is the step-by-step roadmap for Spot Accumulation:

📊 Current Elliott Wave Breakdown (1H):
Wave (3) Purple Target: Currently dropping toward $113.52 – $112.50. ⚠️ Note: Be aware that Wave (3) can extend further, pushing price straight down into the $110.80 – $108.00 demand zone without a deep bounce!
Wave (4) Purple Rebound: Potential relief bounce to $114.68 – $116.43 (if Wave 3 finishes at normal target).
Wave (5) Purple Final Drop: Final leg down into the primary Discount Demand Zone ($110.80 – $108.00).

💡 Spot Trading Strategy: Avoid chasing the price down. Wait for the full 5-wave impulse (or Wave 3 extension) to reach the $110.80 – $108.00 demand zone for a high-probability spot buy setup! 🎯

#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave

SpotSafeCapital

$SOL Technical Update: Wave (2) Reaction & Upcoming Spot Buying Zone! 🚀

If you are looking for a prime Spot Accumulation opportunity on Solana ($SOL), keep a close eye on the current price action!

📊 Current Elliott Wave Structure:
$SOL is currently finishing its Wave (2) Purple bounce near the resistance level (Weak High).
From this level, we expect a sub-wave impulse drop (3)-(4)-(5) in Purple to complete the broader Wave a (Green) corrective leg.

📉 Key Dip Target Zones for Spot Buyers: • First Support Area (Sub-wave 3 & 5): $113.36 – $110.48. • Primary Demand / Equilibrium Zone (Wave a Target): $108.00 region.

💡 Spot Trading Strategy: Do not chase the price at the current resistance! Instead, exercise patience and let the sub-wave drop unfold.

Look to DCA / limit buy as $SOL completes its 5-wave micro structure into the $111 – $108 support zone to position for the expected Wave b bounce and beyond!

Stay patient, manage your capital wisely, and buy the dip strategically! 🎯

#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave

Avertissement : ce contenu inclut des opinions de tiers. Il ne constitue pas un conseil. Binance Ai peut être utilisée, sans garantie de résultat. Consultez les CG.

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