Current structure:

Solana appears to be tracking a wave 2 correction.

Recent price movements from the September low have been corrective and overlapping, reflecting market uncertainty.

2. Key Levels

Support: Critical support sits at $119.

Resistance: Resistance is at $162.

A breakout above $162 could signal further upside potential, with possible targets at $183-$184.

3. Market Range

Until Solana breaks above $162, it remains in a sideways range.

Patience is required as the market consolidates.

4. Potential Outcomes

As long as $119 support holds, there's potential for more upside.

A break below $119 could indicate a downside move.

Monitoring: I’ll continue to watch these levels closely for any developments.

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