📉 #Solana Strategy: Smart Entry Ahead of Potential Surge
I’m currently monitoring Solana ($SOL ) for a potential pullback, which could present a strong entry opportunity. Based on current market structure, I'm anticipating a correction phase—likely forming the fourth leg of the ongoing wave pattern—before a possible push toward the next bullish impulse (wave 5).
📊 My buy zone is positioned within the expected retracement range. While some traders may expect a deeper dip, it's important to recognize that this pullback could be limited and only touch around the 0.28 Fibonacci zone, rather than falling to a deeper level. This would indicate strong underlying momentum, which could drive Solana sharply upward from that point.
🚀 If price respects this shallow correction and holds above key support, it could mark the beginning of the final bullish wave in this cycle. My take-profit area is set in anticipation of wave 5's upward extension.
⚠️ Important Reminder: Don’t rush your entries. Market conditions can shift quickly. Always use stop-loss protection and wait for confirmation in the identified range before placing buy orders. This strategy prioritizes capital preservation while aiming for high-risk/reward setups in a strong trend continuation.
