$SOL Micro-Wave Analysis (30m / 1h)
Current Setup: Elliott Wave Correction (Wave b ➔ Wave c)
Wave (b) Status: Currently testing AREA B (104.20 – 102.04). Wave (b) can either bounce from here or perform a deeper retracement toward Fibo 0.618 (102.87) / 0.764 (102.04) to sweep liquidity before pushing higher.
Key Confirmation Level: 106.32. A solid breakout above this level confirms that Wave (c) has officially started.
Target (AREA C): 109.42 – 110.77.
Invalidation: Below 101.00 / 100.00.
💡 Takeaway: Don't rush! Wait for a confirmed breakout above 106.32 OR watch for a reversal reaction if price dips deeper into lower Fibo levels. Always manage your risk! ⚡
#Solana #SOL #CryptoAnalysis #ElliottWave #TradingSetup
Current Setup: Elliott Wave Correction (Wave b ➔ Wave c)
Wave (b) Status: Currently testing AREA B (104.20 – 102.04). Wave (b) can either bounce from here or perform a deeper retracement toward Fibo 0.618 (102.87) / 0.764 (102.04) to sweep liquidity before pushing higher.
Key Confirmation Level: 106.32. A solid breakout above this level confirms that Wave (c) has officially started.
Target (AREA C): 109.42 – 110.77.
Invalidation: Below 101.00 / 100.00.
💡 Takeaway: Don't rush! Wait for a confirmed breakout above 106.32 OR watch for a reversal reaction if price dips deeper into lower Fibo levels. Always manage your risk! ⚡
#Solana #SOL #CryptoAnalysis #ElliottWave #TradingSetup