Solana Breakdown Roadmap—Is the Correction Just Getting Started?

어제

Today, I analyze the Solana(SOLUSDT) project and explore its roadmap for the coming days and weeks, so stay tuned!

Solana, with the help of the Rising Wedge Pattern, has successfully broken through its important support lines and is currently moving near the Support zone($118-$98).

From an Elliott Wave perspective, it seems that Solana has completed its five main waves and is now in a corrective phase.

Given the current cryptocurrency market conditions, I expect Solana to break through the Support zone($118-$98) and at least reach the target of the rising wedge pattern, potentially dropping down to $80.

Additionally, it’s worth noting that the SOLBTC(SOLBTC) pair is also showing a bearish trend, which means that if the broader crypto market declines, Solana could face even greater losses.

First Target: $107

Second Target: $83

Stop Los(SL): $174

Cumulative Long Liquidation Leverage: $122-$119

Cumulative Short Liquidation Leverage: $150-$145

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📌Solana Analyze (SOLUSDT), Daily time frame.

🛑 Always set a Stop Loss(SL) for every position you open.

✅ This is just my idea; I’d love to see your thoughts too!

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2시간 전

액티브 트레이드

Trade was activated near the Cumulative Short Liquidation Leverage: $150-$145