* In the short term, Solana has a high probability of moving lower to test the green support zone between $73 and $74.
* In my primary count, price is currently developing blue wave 4.
* Once this corrective wave is complete, I expect another move down for blue wave 5, which should also complete green wave y.
* For this bearish scenario to remain valid, price should ideally stay below $80.46, the low of blue wave 1.
* In my primary count, price is currently developing blue wave 4.
* Once this corrective wave is complete, I expect another move down for blue wave 5, which should also complete green wave y.
* For this bearish scenario to remain valid, price should ideally stay below $80.46, the low of blue wave 1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.