Total Quality
Score
If You Had Traded on This Analysis…
Correct

SOLUSDT
Entry
177.1300
2025-08-09
03:37 UTC
Target
182.0000
In 1 Hours
Fail
168.0000
Risk / Reward
1 : 1
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Final PnL
2.75%
P/L: —
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SOLUSDT
Correct

Body
The analyst discusses a potential five-wave move to the upside for Solana (SOLUSDT). The ideal target for the third wave is the blue target zone. In the yellow scenario, it is a five-wave move to the upside. Only three waves are up, but there is a potential for a five-wave move. He says if the wave two is still unfolding, its probably not an ABC structure. If that’s the case, the analyst says it would have to be a WXY structure, which is a less likely scenario. Analyst says it is important to see a reaction in the yellow zone. It is important to see the price stay above 140 to keep a bullish perspective. For the weekend, expect wave four pullback in the support zone between 168 and 172.33. A break below the last low at 174.30 indicates a fourth wave pullback. Next resistance 182 and support is at 168.