Dead cat bounce, $50

FTX:SOLUSD   Solana / U.S. Dollar
On daily chart

Solana BINANCE:SOLUSDT has completed the impulse wave which is wave A in correction wave ABC.

Right now, wave B is progressing with 0.618 Fibonacci around 160, perhaps. That'll happen if ABC is a complex correction wave.

Wave ABC will pull Solana back to around 60.

Wait and see

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