Solana It is currently in the wave 2 correction. We have one movement left before the correction is completed.
We are currently looking for one last move lower before charging for the next rally as we can see it Solana +1000 won.
Our buy zone is below the structure level shown on the chart. The movement below this structure plane will be a valid C wave.
Meanwhile, we can look for short circuit opportunities.
Trade idea:
– Find one Trend line break In a lower timeframe to confirm the bears intervention of wave C.
Entry with a stop above wave B
– Target the recent lows (8) and then reduce positions while we wait to go long
– Revocation level for Alcohol market The scenario is a break above 39
Good luck and as always, shop safely!