In my last update, I raised the question: Is Solana About to Top?
Today’s price action has delivered as expected, with Solana now trading inside my anticipated target box for that potential top. Key resistance levels within the target box remain at $228, $232, and $247.
Over the coming weeks, I’ll be watching closely for signs of reversal. A clearly defined 5-wave micro pattern decline, would be the first indication that a top may be in place. True confirmation comes with follow-through below $155, and ultimately $125. Such a move should open the door to a deeper correction into the $70–$80 bottoming zone.
Today’s price action has delivered as expected, with Solana now trading inside my anticipated target box for that potential top. Key resistance levels within the target box remain at $228, $232, and $247.
Over the coming weeks, I’ll be watching closely for signs of reversal. A clearly defined 5-wave micro pattern decline, would be the first indication that a top may be in place. True confirmation comes with follow-through below $155, and ultimately $125. Such a move should open the door to a deeper correction into the $70–$80 bottoming zone.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.