📉Solana is facing selling pressure, but it is still in an overall uptrend.
🔄The wave count suggests a potential continuation of the current upward trend.
⚖️The white count indicates a possible pullback, while the yellow count suggests direct upside continuation.
📈If the price breaks above today's high, it could signal the start of a new wave to the upside.
❓The main question is how high Solana's price will go, depending on the current wave count.
Is Solana experiencing a major correction?
—Not currently. While there is selling pressure, the uptrend is still intact.
What are the key support levels for Solana?
—The upper support range is between $183 and $169.60.
What are the potential upside targets for Solana?
—If the yellow count is correct, Solana could reach levels like $225, $237, or even higher.
What would invalidate the white count?
—A break below $169.60 would suggest a deeper pullback and invalidate the white count.
How can we confirm the start of a new wave to the upside?
—A break above today's high, around $25, could indicate the beginning of a new wave.
00:00Solana is currently facing some selling pressure, but it is not a major correction.
00:20The current wave count suggests a potential continuation of the upward trend.
01:31The yellow count indicates direct upside continuation, while the white count suggests a possible pullback.
02:21A break below $169.60 would invalidate the white count and indicate a deeper pullback.
03:26If the price breaks above today's high, it could confirm the start of a new wave to the upside.
04:13The main question is how high Solana's price will go, depending on the current wave count.
04:48Please like, comment, and subscribe for more updates on Solana.
05:17Thank you for watching and see you next time!
