SOL (Weekly timeframe): Trend structure Price is approaching a key macro support zone. However, as long as it remains below the $148 level, I cannot rule out the possibility of one more corrective leg toward the $76–$55 range before a medium-term bottom is established and a potential resumption of the broader uptrend begins.
A breakout and sustained close above the $148 level would serve as the first technical signal that either:
- a corrective wave B (preceding a deeper correction toward the macro support zone) is unfolding, or
- a new long-term bullish trend aiming for all-time highs is beginning.
Monthly outlook:
My previous idea from November 2024 has fully realized its structure:
Thanks for reading and wishing you successful trading and investing decision!
