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Low Time Frame Analysis of Solana
Current Market Situation: Wave Count and Structure: Wave C Structure: Conclusion:
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Solana (SOL) Low Time Frame Analysis
After reaching a local top around $165, Solana has entered into a well-defined downtrend. Based on our wave count, the market is currently undergoing a classic ABC correction. The structure of this correction appears to be well-formed, and when we examine the broader market structure, it could be interpreted as nearing completion. Key Observations: Conclusion:…