SOLANA: Approach to important support area

Hi everyone!
Solana's main trend is up in the long term. After completing the bullish structure in the $265 area, SOL triggered an important corrective structure which correctly reached the first support area around 8.50. That said, a consolidation is possible in short term but from a technical point of view, it should be interpreted as an opportunity to take a long position.

NB: Analysis shown is on a logarithmic scale. Trade with care....
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corrective structure in play?

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🔴 Bullish consolidation (impulsive structure?)

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