🚨 SOLANA – Elliott Wave Reversal in progress? 🔍
#SOL is showing signs of a textbook ending diagonal ⚡ on the 1H timeframe, potentially completing Wave C of a larger flat correction.
📈 What this means:
A breakout above the upper boundary of this pattern could trigger a strong impulsive wave up — with new highs in sight! 🚀
Target zone? 🎯 100% Fibonacci extension of the previous move — or even higher depending on momentum!
💡 Why this matters:
1️⃣ Clear diagonal wave forming = classic Wave C
2️⃣ Reversal setup is aligning at key support
3️⃣ Price action remains corrective — a launchpad for bulls 🐂
✅ Wait for confirmation — breakout is key.
This could be the start of the next major bullish leg on $SOL
SOL
121.92
+0.37%