Hello there,
Solana is losing bullish momentum at the 183.00 area. This isn't a clear price movement for now; either we see a drop near 177.83 and 180.71 will be the level of interest, or a break above 183.63 will signal a bullish continuation.
For now, area 4 remains subjective until 177.83 clears out, making it Elliot Wave 2 to my count.
Overall, the price is bullish, with a bias of 200.49 and a target of 194.94.
Happy Trading, wishing you a wonderful week,
K.
Solana is losing bullish momentum at the 183.00 area. This isn't a clear price movement for now; either we see a drop near 177.83 and 180.71 will be the level of interest, or a break above 183.63 will signal a bullish continuation.
For now, area 4 remains subjective until 177.83 clears out, making it Elliot Wave 2 to my count.
Overall, the price is bullish, with a bias of 200.49 and a target of 194.94.
Happy Trading, wishing you a wonderful week,
K.
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