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#سولانا (#SOL ) 🇺🇸 Update wave predictions on the four-hour time frame
Bearish Control
👌 The bearish outlook continues to dominate the trend, as we have already witnessed a strong decline across the sub-waves of wave (3) within wave 3 of a broader impulsive bearish movement. This wave may represent wave 5 within wave (1)/(A) of a broader decline, targeting a Fibonacci extension level of 161.8% as a key support area - one of the expected targets for wave 3.
📉 If we do not see a reversal at this level, the decline may extend further through the sub-waves of wave 5, indicating continued selling pressure in the medium term.
⏳ In the short term, we may witness the formation of wave 4, which may take a corrective shape, such as a sideways pattern ( triangle or flat ). In the event of a breakout at a key level, the continuation of the downward trend may be confirmed. 🔑
📊 Monitoring price movement is essential to determine the next moves!
#Solana #SOLUSDT
$SOL