Forecast the SOL graph using Elliott Wave theory. This graph has an a-b-c subwave structure, indicating a strong B, flat correction. Currently, wave B has completed, and the graph is transitioning from wave B to wave C.
Wave C can be either motive or impulse. At this stage, look for opportunities to trade short in the sub-waves of Wave C until Wave C is completed.
Elliott WaveFibonacciSupport and Resistance

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