SOL WAVE III CONFIRMED? $383 Target & Trade Plan
Description:$SOL
Elliott Wave Structure 🌊:
Wave (v) low: $168.94 (Must hold for Wave III surge!)
Break $173.42 → Confirms rally to $216 (38.2 Fib)
Long-term target: $383 (1.618 Fib extension)
Key Data 🔍:$BTC
7-day volume: 14.5B (bullish divergence)
Realized P/L ratio: 0.15 (capitulation signal!)
Staking ETF inflows → Institutional demand ↗️
Trade Strategy ⚡:$XRP
Long: >$168.94 (Stop-loss: $160)
Profit Targets: $195 → $216 → $383
Short: Break $160 → Target $150