$SOL Technical Update: Wave (2) Reaction & Upcoming Spot Buying Zone! 🚀
If you are looking for a prime Spot Accumulation opportunity on Solana ($SOL ), keep a close eye on the current price action!
📊 Current Elliott Wave Structure:
$SOL is currently finishing its Wave (2) Purple bounce near the resistance level (Weak High).
From this level, we expect a sub-wave impulse drop (3)-(4)-(5) in Purple to complete the broader Wave a (Green) corrective leg.
📉 Key Dip Target Zones for Spot Buyers: • First Support Area (Sub-wave 3 & 5): $113.36 – $110.48. • Primary Demand / Equilibrium Zone (Wave a Target): $108.00 region.
💡 Spot Trading Strategy: Do not chase the price at the current resistance! Instead, exercise patience and let the sub-wave drop unfold.
Look to DCA / limit buy as $SOL completes its 5-wave micro structure into the $111 – $108 support zone to position for the expected Wave b bounce and beyond!
Stay patient, manage your capital wisely, and buy the dip strategically! 🎯
#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave
If you are looking for a prime Spot Accumulation opportunity on Solana ($SOL ), keep a close eye on the current price action!
📊 Current Elliott Wave Structure:
$SOL is currently finishing its Wave (2) Purple bounce near the resistance level (Weak High).
From this level, we expect a sub-wave impulse drop (3)-(4)-(5) in Purple to complete the broader Wave a (Green) corrective leg.
📉 Key Dip Target Zones for Spot Buyers: • First Support Area (Sub-wave 3 & 5): $113.36 – $110.48. • Primary Demand / Equilibrium Zone (Wave a Target): $108.00 region.
💡 Spot Trading Strategy: Do not chase the price at the current resistance! Instead, exercise patience and let the sub-wave drop unfold.
Look to DCA / limit buy as $SOL completes its 5-wave micro structure into the $111 – $108 support zone to position for the expected Wave b bounce and beyond!
Stay patient, manage your capital wisely, and buy the dip strategically! 🎯
#SOL #Solana #CryptoTrading #SpotTrading #BinanceSquare #TechnicalAnalysis #ElliottWave
