📊 SOL/FDUSD Update: Dual Elliott Wave Scenarios & Accumulation Plan
Market action on SOL is currently moving at a very sluggish pace, keeping everyone on edge. We are tracking two key possibilities for the current structure:
Possibility 1 (Final Flush): We are still inside Wave 4 pink of Wave 5 purple (of Wave 3 green), meaning a final push into the $87–$90 discount zone could complete the entire sequence. Invalidation level: $92.81.
Possibility 2 (Shallow Completion): The shallow Wave 5 purple (Wave 3 green) is already finished down below, paving the way for a broader recovery. Invalidation level: $97.54.
My Trading Strategy: I have taken a small initial long position and am fully prepared to average down using disciplined manual limit orders in the $90–$87 region.
Never chase a slow market—let your levels come to you and manage your risk tightly! 🚀
#Solana #SOL #CryptoTrading #ElliottWave #TechnicalAnalysis #BinanceSquare
Market action on SOL is currently moving at a very sluggish pace, keeping everyone on edge. We are tracking two key possibilities for the current structure:
Possibility 1 (Final Flush): We are still inside Wave 4 pink of Wave 5 purple (of Wave 3 green), meaning a final push into the $87–$90 discount zone could complete the entire sequence. Invalidation level: $92.81.
Possibility 2 (Shallow Completion): The shallow Wave 5 purple (Wave 3 green) is already finished down below, paving the way for a broader recovery. Invalidation level: $97.54.
My Trading Strategy: I have taken a small initial long position and am fully prepared to average down using disciplined manual limit orders in the $90–$87 region.
Never chase a slow market—let your levels come to you and manage your risk tightly! 🚀
#Solana #SOL #CryptoTrading #ElliottWave #TechnicalAnalysis #BinanceSquare
