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🇺🇸 (#SOLUSDT ) Elliott Wave Analysis on Clockwise Time Frame
Continuous 📈 recovery
🧐 The impulse Bearish wave seems to be over, which has been confirmed by the breakout of a key level associated with the decline, as well as a breakout of the upper boundary of the price channel.
Forecast 🚀
1. Price rebound via wave C/Y within wave (2)/(B).
2. The expected recovery zone is between 131.91 and 135.65.
3. The correction is expected to reach a depth enough to align these ratios with the viewing area shown on the chart.
4. A possible reversal, which indicates the beginning of a new bearish wave.
✨ It is essential to monitor these moves closely to support the upcoming bearish forecast and achieve the expected targets, as a breakout below the bottom level will enhance the likelihood of further declines later.
#SEConTokenizedSecurities
#Solana #SOL
$SOL