The Long Investor
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$SOLUSD
🕑 Added 2025-03-02 16:35:02 +0000 UTCSolana has pulled back from $295 to $120 since the start of 2025 after getting pumped due to the Trump Coin and Melania Coin and then coming back to earth.
Crucially however, the pull back came right down to the blue support line and the 0.618 Fib and has bounced on this support range
IF the pull back is complete, then the next Primary Wave 3 target is at the 1.618 Fib at $591.
But first, we need to rule out this bounce being a Wave B bounce.
So if $SOLUSD can break above the amber range between $210 - $230 and flip the blue case line to support at $266, then Primary Wave 3 is next for me at $591.
Comments
Gareth Neary
Only noticing this now, I think you are right, well spotted
DiegoTheSabre17
Hey cap, that sure does look like a nice C&H
Regular_Joe
Buy?
