SOLANA - Bottomed Out?! 👀

Solana has hit the -27 fib extension for wave A. This could potentially be the bottom but with the crypto market as it is, it's better to wait for confirmation.

Price looks to be in a descending correction, which is often a bullish reversal pattern.

Confirmation required:
- A big bullish candle breaking the red trendline
- Followed by a bullish correction (bull flag)

Once that is in place, we can look for buying opportunities and have clear stoploss levels.

Trade Idea:
- Once above confirmation appears, enter with stops below the correction
- Targets: 140, 200, 250, HODL

It's important to understand that if this is the next bullrun, it doesn't matter if you enter at $30 or $40. Long term bullish targets will be well above $100 so there will be plenty of money to make even after waiting for confirmation.

Goodluck and as always, trade safe!