#Solana (#SOL) 🇺🇸 Following the wave analysis within the 4-hour time frame
Has the upward wave ended? 🤔
After a strong rise, the price successfully reached its upward targets, but it seems to have encountered strong resistance at the midpoint of the final channel 📊.
What's next?
- Breaking a key level: If this break occurs, we have effectively entered a corrective wave that represents wave (2)/(B)
- The correction is expected to reach levels of 50% - 61.8% of the previous wave, which are famous levels for reversals. The price may reach the range of the fourth wave of the recent rise 🔄.
⚠️ If the price records a low below 95.26, this indicates the end of the current bullish scenario ❌.
⚡️ If reversal signals appear at the mentioned correction levels, there may be an opportunity to strengthen buying positions and look for a new peak 🔝.