It is one of the famous symbols of the SOL network, which is trending.
It seems to have formed a large diametric which is now at the end of the E wave.
If it reaches the green range, you can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
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It was analyzed from the price of 0.29747 and dropped more than 61% and reached the green box.
We need confirmation and trigger for rebuy
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After hitting the green box, about 50% was pumped and the first target was hit