Solana remains bullish within an impulsive rally
|We talked about Solana with ticker SOLUSD back in December, where we mentioned and highlighted an ongoing five-wave bullish impulse. We also warned about a corrective slow down, which has retraced the price back to projected 70 support area. Solana came down as expected, but because pullback was smaller than we thought, this can then still be a lower degree subwave »iv« rather than higher degree wave 4 correction, however, in either case we are looking higher for the 5th wave.
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