$SOL FDUSD (4H) — ELLIOTT WAVE ANALYSIS
On the 4H SOL/FDUSD chart, price action is currently respecting the Posibility 2 scenario, indicating the completion of a Wave b corrective structure (Expanded/Flat Correction).
Technical Analysis & Elliott Wave:
Wave b Structure: The bullish momentum from $97.00 is expected to complete sub-wave (C) of Wave b towards the Fibonacci Extension zone at $108.69 - $113.86 (1.38 - 1.618 Fib). This area acts as a supply zone and liquidity sweep target.
Next Wave Projection: Following the completion of Wave b, price is projected to enter a Wave c correction (higher degree Wave iv) toward the H4 Demand Zone around $92.45.
📌 Key Trading Zones:
Current Price: ~$104.14
H4 Breakout Confirmation: H4 Candle Close above $105.60
Target Area (Wave b): $108.69 - $113.86
Major Support / Demand Zone: $92.45 - $96.00
Invalidation Level: $91.73 (Posibility 2 scenario is invalidated if price drops below this level)
💡 Trading Strategy:
Spot Holders: Scale out and take partial profits as price approaches $108.69 - $112.00.
Buyback Plan: Prepare capital to re-enter around the $92.45 - $96.00 demand zone for the main Wave v expansion ($116.00+).
Always manage your risk appropriately and use Stop Losses!
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#Solana #SOLFDUSD #ElliottWave #CryptoAnalysis #TechnicalAnalysis #TradingPlan
On the 4H SOL/FDUSD chart, price action is currently respecting the Posibility 2 scenario, indicating the completion of a Wave b corrective structure (Expanded/Flat Correction).
Technical Analysis & Elliott Wave:
Wave b Structure: The bullish momentum from $97.00 is expected to complete sub-wave (C) of Wave b towards the Fibonacci Extension zone at $108.69 - $113.86 (1.38 - 1.618 Fib). This area acts as a supply zone and liquidity sweep target.
Next Wave Projection: Following the completion of Wave b, price is projected to enter a Wave c correction (higher degree Wave iv) toward the H4 Demand Zone around $92.45.
📌 Key Trading Zones:
Current Price: ~$104.14
H4 Breakout Confirmation: H4 Candle Close above $105.60
Target Area (Wave b): $108.69 - $113.86
Major Support / Demand Zone: $92.45 - $96.00
Invalidation Level: $91.73 (Posibility 2 scenario is invalidated if price drops below this level)
💡 Trading Strategy:
Spot Holders: Scale out and take partial profits as price approaches $108.69 - $112.00.
Buyback Plan: Prepare capital to re-enter around the $92.45 - $96.00 demand zone for the main Wave v expansion ($116.00+).
Always manage your risk appropriately and use Stop Losses!
If you find this analysis helpful, please hit the Like & Follow buttons for future updates. Feel free to share your thoughts in the comments! 🚀
#Solana #SOLFDUSD #ElliottWave #CryptoAnalysis #TechnicalAnalysis #TradingPlan
