#سولانا (#SOL ) 🇺🇸 - Wave forecasts on the weekly timeframe
Is it time for a deep correction? 🤔
✨ It seems that the price has completed the upward wave represented by wave (1)/(A) within a broad bullish structure. This is particularly evident after breaking a key level 🔨, indicating that the correction has likely begun.〽️
📉 The expected correction may extend to levels 49.26-32.03 🎯, which correspond to Fibonacci ratios of 50%-61.8%.
⚡️ If the price reaches these levels, it is important to see a bullish reversal accompanied by a clear corrective pattern to reinforce the bullish outlook 📈.
🏹 If this scenario occurs, a strong breakout above the key level will be a confirming factor for the continuation of the bullish movement.
❌ Invalidating the bullish scenario: Any breakout below level 8.00 will completely invalidate the bullish scenario.
