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$SOL /$FDUSD Market Update 23/04/2026 | 10:10

Currently, ($SOL ) appears to be moving within the purple Wave C phase.


There are two possible scenarios at this stage:

🔹 Scenario 1:
Wave C develops into a full 1–2–3–4–5 structure, forming a complete corrective pattern before continuation.

🔹 Scenario 2:
Price may drop directly, completing Wave C without forming a clear 1–2–3–4–5 structure (no extended pink sub-waves).

In the chart projection, a 1–2–3–4–5 structure is illustrated, but this remains speculative and not guaranteed.

⚠️ Trading Insight:
Targeting an entry for a potential pink Wave 2 at this stage carries higher risk. Wave C typically behaves impulsively to the downside, meaning sharp and fast price movements can occur.

✅ Suggested Approach:
It may be more prudent to wait for Wave C to fully complete before considering any buying opportunities. This can help reduce exposure to sudden volatility and downside risk.
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📌 Disclaimer:
This analysis is for educational purposes only and reflects a personal view on . It is not financial advice. Always do your own research (DYOR) and manage risk carefully.

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