$SOL (15m): Posibility 2 & Extension Target Update
Solana is advancing in its short-term wave structure on the 15-minute chart. Here is the latest Elliott Wave breakdown:

📊 Structural Overview (Posibility 2):
Price is currently driving up to complete Wave (5) pink / Wave (3) purple within a tight rising channel.

🎯 Fibonacci Extension Targets: The current bullish push is testing the resistance extension zone (red box):
1.236 Fib: $107.09
1.414 Fib: $107.47
1.618 Fib: $107.92

📉 Next Move & Invalidation Level:
After hitting the extension zone, we anticipate a local pullback forming Wave (4) purple into the lower retracement zone ($106.00 – $104.30).

Invalidation Line: The key level to watch is $104.30 (0.5 Fib). As long as price stays above this line, the Wave (4) purple structure remains fully valid.

💡 Takeaway: Watch for potential rejection signs in the $107.09 – $107.92 area before looking for support in the lower purple box!

What are your targets for SOL? Share your thoughts below! 👇
#Solana #SOL #CryptoAnalysis #BinanceSquare #ElliottWave