Hello, good morning. I see two scenarios in the Solana FDUSD.
Scenario 1:
Wave 4 has completed and is now moving towards wave 5. This scenario is considered valid if Solana successfully breaks through 187 with a target of 193-197.
Scenario 2:
Wave 4 is not yet complete and will form a double top in the microstructure (a, b, c) and then fall again to the 50 Fib level.
Currently, I see the greatest opportunity in scenario 2, because Solana usually touches the 0382-0.5 Fib level in wave 4, and yesterday I saw that it didn't fully touch that level.
If you ask about my position, yes, I have taken 25% profit from part of my position and I am still holding for the wave 5 take profit target.