$SOL
Market Update
Current Price: $219.15 (-3.02%)
The daily short countertrend remains valid, with the market touching the 50% correction Fibonacci level. But the big question is: Will it reach the 61.8% level?
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Key Observations
Breakout Potential: If the market manages to significantly break the last clear H4 breakout, there’s a real chance for further movement.
Turning Point: Should the price turn up and a strong trigger candle appears in the long trigger zone, my next target would be the weekly Fibonacci 200 level.
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The Takeaway
Stay sharp and observe how the market plays out around these critical levels.
For the Bulls: Watch for confirmation in the trigger zone.
For the Bears: Keep an eye on that 61.8% correction level—it could be pivotal.
---
🌟 Stay grounded, stay present 🏄🏼♂️
Your thoughts and comments are always appreciated. Let’s navigate this together!
#SOL #CryptoAnalysis
Market Update
Current Price: $219.15 (-3.02%)
The daily short countertrend remains valid, with the market touching the 50% correction Fibonacci level. But the big question is: Will it reach the 61.8% level?
---
Key Observations
Breakout Potential: If the market manages to significantly break the last clear H4 breakout, there’s a real chance for further movement.
Turning Point: Should the price turn up and a strong trigger candle appears in the long trigger zone, my next target would be the weekly Fibonacci 200 level.
---
The Takeaway
Stay sharp and observe how the market plays out around these critical levels.
For the Bulls: Watch for confirmation in the trigger zone.
For the Bears: Keep an eye on that 61.8% correction level—it could be pivotal.
---
🌟 Stay grounded, stay present 🏄🏼♂️
Your thoughts and comments are always appreciated. Let’s navigate this together!
#SOL #CryptoAnalysis