SOLANA: Wave energy on the brink of a new movementSOLANA: Wave energy on the brink of a new movement
SOLANA Wave Overview (D1 and H4)
As a trader who has been practicing wave analysis for over ten years, I note that the current Solana structure demonstrates the completion of an extended corrective formation and the potential for a new impulse to emerge.
Chart D1: The global picture indicates that the market is completing a sideways phase. The wave structure appears to be the end of a corrective sequence, which serves as the foundation for the next trend move.
Chart H4: Local dynamics confirm the formation of key entry points. Here, the first signs of an emerging impulse are visible, which could mark the beginning of a larger wave.
Main Scenario
After the completion of the corrective phase, a descending impulse sequence is expected to develop. This movement will be accompanied by increased seller activity and a gradual shift in priority to the downside.
Alternative Scenario
If the price holds above recent highs and forms a stable upward impulse structure, the priority will shift to continued growth. In this case, the correction will be considered incomplete, and Solana may show an additional rebound.
Trading Idea
Conservative approach: wait for confirmation of a breakout of key levels and enter with the trend.
Aggressive approach: use local impulses on H4 for earlier entries, but with tight stops.
In both cases, it is important to maintain strict risk management and adjust the plan as new impulses emerge.
Results
Solana is at the transition point between a correction and a new impulse. The wave structure on D1 and H4 provides clear guidelines for action: watch for confirmation of the scenario and act with discipline.
