Technical analysis by chart1stry about Symbol SOL on 21 hour ago

I see several possible scenarios for Solana at the moment. In my view, either wave D of the corrective ABCDE triangle has already formed, and the price will follow the orange path, starting to build wave E — or wave D isn’t complete yet, and Solana might still drop toward 178 or even lower, following the purple path, before beginning wave E. As for wave E, I also see two possible outcomes: • The green path, where wave E extends up to around 200, • Or the blue path, where wave E ends near 194–196, followed by a downside breakout from the triangle, sending Solana toward ~170 or even lower. 💬 Which scenario do you find more likely? Share your thoughts in the comments!Solana has finally dropped below 178 — exactly as I expected! It’s now approaching the low of wave B, which could be a key turning point. From here, I see two possible scenarios: 🔸 Either Solana reverses to build wave E and complete the ABCDE triangle, 🔸 Or, if this structure isn’t a triangle, we might see a deeper drop. Still, I’m leaning toward the first option — a move up to form wave E before any further decline. Let’s see if the market agrees with me this time 👀 What do you think — will Solana go for wave E? Share your thoughts in the comments 👇