$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:
๐น Scenario 1:
Wave C develops into a full 1โ2โ3โ4โ5 structure, forming a complete corrective pattern before continuation.
๐น Scenario 2:
Price may drop directly, completing Wave C without forming a clear 1โ2โ3โ4โ5 structure (no extended pink sub-waves).
In the chart projection, a 1โ2โ3โ4โ5 structure is illustrated, but this remains speculative and not guaranteed.
โ ๏ธ 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.
โ
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.
#FDUSDโฌโฉ #FDUSD50K ๐ 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.