SOLUSDT Trading Strategy Today!
2024-10-16

Hello everyone! Let's dive into today's SOLUSDT analysis on the H2 timeframe and strategize.

Before that, we saw a change in trend, then the market moved into a distribution phase and reached $154.59. Accordingly, SOLUSDT is in the process of correcting wave (4) according to the Elliott wave model. The important support zone around $153 - $150 is an ideal entry point. If the price successfully tests, the next target will be the $165 zone according to wave (5).