📊 SOLANA $SOL TECHNICAL UPDATE 📊
Price action followed the downside scenario directly without a deep pullback as previously mapped.
📌 Current Structure (30M/1H):
• Wave (4) Purple is currently testing the minor resistance/pullback area around $97.98 - $98.74.
• Invalidation level is strictly set at $98.96. As long as this level holds, the bearish structure remains intact.
• Next target: Completing Wave (5) Purple / Wave i Green toward the $94.74 - $92.82 support zone.
Managing risk closely with a disciplined stop loss above invalidation. How are you managing your trades today? 👇
#SOL #Solana #ElliottWave #CryptoTrading #TechnicalAnalysis
Price action followed the downside scenario directly without a deep pullback as previously mapped.
📌 Current Structure (30M/1H):
• Wave (4) Purple is currently testing the minor resistance/pullback area around $97.98 - $98.74.
• Invalidation level is strictly set at $98.96. As long as this level holds, the bearish structure remains intact.
• Next target: Completing Wave (5) Purple / Wave i Green toward the $94.74 - $92.82 support zone.
Managing risk closely with a disciplined stop loss above invalidation. How are you managing your trades today? 👇
#SOL #Solana #ElliottWave #CryptoTrading #TechnicalAnalysis
