Two Possible Correction Scenarios — One Outcome
In my view, Solana is currently forming a corrective structure.
At this moment, there are two scenarios:
🟧 Orange Scenario
The ABC corrective pattern has likely just completed, and Solana may follow the orange arrow toward 126 and potentially even lower.
🟪 Purple Scenario
The current flat ABC structure may actually represent wave A of a larger ABC correction — similar to what happened in Bitcoin right before its recent drop (see my recent BTC post where I expected 94K).
If this scenario plays out, Solana could first rise toward 144–146, and only then move down to 126.
I previously mentioned that I was waiting for Solana at 136 — and we’ve already seen that level.
I also expect 124, and possibly even lower.
But for now, I keep my short-term target at 126.
My global target is 112, but first, let’s see how exactly Solana approaches 126 — this will help confirm whether it truly intends to move below that level.
Let’s see which path Solana prefers — personally, I’m leaning toward the orange one.
⚠️Disclaimer: This is not financial advice or a call to action — only my personal vision.
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