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Solana is bullish, but correction can be near

Solana with ticker SOLUSD remains nicely bullish for subwave »v« of 3, but now that it has just hit 100 psychological area, be aware of a higher degree wave 4 corrective slow down at the beginning of 2024. Wave 4 correction can retrace the price back to 70-50 support zone before a bullish continuation for wave 5 of a higher degree wave (3).

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Author

Gregor Horvat

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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