⚡️ Market / Price Context
SOL has produced strong impulsive candles, indicating a shift in momentum that may be forming the early stages of an ABC corrective pattern. Rather than extending immediately, the market appears to be preparing for a temporary retracement.
📈 Chart Explanation
The current structure points to the development of Wave (b) following the initial upward move. This corrective phase could provide a healthier market structure before a potential continuation into Wave (c).
📈 Outlook
The emerging ABC structure remains constructive as long as the expected correction develops in an orderly manner. A completed Wave (b) could create the foundation for the next bullish leg if momentum returns.
