$SOL 142.51

The 4-hour chart indicates the index has reached a resistance level of 145, which is now a support level. Continuing with my previous thoughts, SOL surged and touched 144.22 before starting to retreat (did not break 145)!

A healthy rise requires a pullback. The 30-minute chart shows that the Elliott Wave Theory for SOL has completed five waves, and the market is beginning to correct. I believe the pullback will not be significant, and the bulls remain strong.

I plan to start again from here. The tentative target is 🎯153.59, with a stop-loss at 137, and I can add a position if it pulls back to 140!

That's it, will watch the market tonight! $SOL

SOLUSDT

Perp

138.88

+4.91%