$SOL Technical Update: Wave (3) Extension Confirmed via Pink Submicro Wave! đ
A deeper look at the 30M timeframe confirms that Wave (3) Purple is EXTENDING through a lower-degree pink submicro wave structure!
đ Elliott Wave Breakdown (30M):
Submicro Structure (Pink): After completing submicro wave 4 pink around the $115.5 region, price is currently pushing down in submicro Wave 5 Pink.
Extended Wave (3) Target: Pushes Wave (3) Purple deeper into $112.46 (1.236 Fib) â $111.43 (1.618 Fib).
Next Phases:
Wave (4) Relief Bounce: Expected toward $114.18 â $116.10 after submicro wave 5 pink finishes.
Wave (5) Final Drop: Direct leg into the main $110.80 â $108.00 spot accumulation zone.
đĄ Spot Strategy: Be patient! Let the extension complete and wait for the ultimate Wave (5) Purple in the $110.80 â $108.00 demand zone for the best spot buying entry. đŻ
#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave
A deeper look at the 30M timeframe confirms that Wave (3) Purple is EXTENDING through a lower-degree pink submicro wave structure!
đ Elliott Wave Breakdown (30M):
Submicro Structure (Pink): After completing submicro wave 4 pink around the $115.5 region, price is currently pushing down in submicro Wave 5 Pink.
Extended Wave (3) Target: Pushes Wave (3) Purple deeper into $112.46 (1.236 Fib) â $111.43 (1.618 Fib).
Next Phases:
Wave (4) Relief Bounce: Expected toward $114.18 â $116.10 after submicro wave 5 pink finishes.
Wave (5) Final Drop: Direct leg into the main $110.80 â $108.00 spot accumulation zone.
đĄ Spot Strategy: Be patient! Let the extension complete and wait for the ultimate Wave (5) Purple in the $110.80 â $108.00 demand zone for the best spot buying entry. đŻ
#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave
