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.
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.