SOLANA: The last wave before takeoff or a deep pullback
📈 Weekly Scenarios
Bullish scenario: SOL holds above ~$190, breaks through ~$260.83 → start of uptrend → target ~$300+.
Consolidation: price trades between ~$190 and ~$260, wave structure not defined until breakout.
Bearish scenario: breakout of support at ~$190 with volume → likelihood of a significant correction to ~$150–$160.
✅ Conclusion
Solana is at a key decision point for the coming week:
The ~$260.83 level is a benchmark for a bullish resumption.
The ~$190 level is a critical support level.
A breakout upward will provide upward momentum; a breakout downwards is likely a pullback. Follow price reactions at the highlighted levels and confirmation of the wave structure before making trading decisions.
📈 Weekly Scenarios
Bullish scenario: SOL holds above ~$190, breaks through ~$260.83 → start of uptrend → target ~$300+.
Consolidation: price trades between ~$190 and ~$260, wave structure not defined until breakout.
Bearish scenario: breakout of support at ~$190 with volume → likelihood of a significant correction to ~$150–$160.
✅ Conclusion
Solana is at a key decision point for the coming week:
The ~$260.83 level is a benchmark for a bullish resumption.
The ~$190 level is a critical support level.
A breakout upward will provide upward momentum; a breakout downwards is likely a pullback. Follow price reactions at the highlighted levels and confirmation of the wave structure before making trading decisions.
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