#solana Long Setup (4H Timeframe) 🟢
Solana is currently forming a bullish flag on the 4-hour chart. Inside this flag, we’ve completed a 5-wave corrective move downward, which represents the second subwave in the structure.
Now that this subwave has concluded, we are entering the third wave to the upside, which is typically the strongest.
According to the Fibonacci extension, the price target for this wave is projected to reach the green level I’ve marked on the chart. This level aligns with the expected range for a third wave in a bullish continuation.