$SOL Just Completed 5 Elliott Waves. Is a Massive Correction Coming?
Solana appears to have completed a 5-wave bullish impulse, with the rejection near $125 potentially marking the beginning of a larger ABC correction.
My key levels:
➤ $90–$93: Immediate support (Wave A)
➤ $107–$112: Potential Wave B rejection zone
➤ $73–$78: Major demand zone (Potential Wave C completion)
If Wave C completes near $73–$78, SOL could prepare for its next major bullish expansion towards $160–$200.
Structural invalidation level: $114 HTF close above this level.
Patience. Let Elliott Wave structure confirm the next move. NFA.
#SOLANA
Solana appears to have completed a 5-wave bullish impulse, with the rejection near $125 potentially marking the beginning of a larger ABC correction.
My key levels:
➤ $90–$93: Immediate support (Wave A)
➤ $107–$112: Potential Wave B rejection zone
➤ $73–$78: Major demand zone (Potential Wave C completion)
If Wave C completes near $73–$78, SOL could prepare for its next major bullish expansion towards $160–$200.
Structural invalidation level: $114 HTF close above this level.
Patience. Let Elliott Wave structure confirm the next move. NFA.
#SOLANA
