🔹 Solana ($SOL ) – Targeting $360–$380 🔹
📍 Current Setup:
SOL continues strong rally after breakout from price channel
In a third wave rally – typically aggressive with shallow pullbacks
Long-standing target remains $360 – $380 where multiple Fibonacci projections align
📊 Key Levels:
Immediate Resistance: $265.0 → $360 → $380
Short-term Support: August 2 swing low support zone (still valid)
Trend Context: Uptrend intact since April low; no 5-wave move down or break of critical support seen
📈 Scenarios:
Bullish Path (Preferred):
Hold above August 2 support → continuation toward $360–$380
Third wave likely to extend, with shallow or no deep pullbacks
Bearish Trigger:
Break below major support would question wave count and slow momentum, but no such signs yet
💡 Market Takeaway:
SOL is in a strong third wave rally, with aggressive upside and minimal pullbacks expected. $360–$380 remains the key upside zone. Traders should remain cautious about picking tops in this environment, as momentum favors continued extension.
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