Total Quality
Score
If You Had Traded on This Analysis…
Correct

SOLUSDT
Entry
173.8000
2025-08-12
06:15 UTC
Target
191.7400
In 15 Hours
Fail
170.4000
Risk / Reward
1 : 5
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Final PnL
10.32%
P/L: —
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SOLUSDT
Correct

Body
The analysis focuses on Solana (SOLUSD) with the current price at $175.81. It suggests that SOLUSD has dipped into its Fibonacci support zone, specifically at the 50% retracement level. The move from the August low is currently a three-wave move, not yet a five-wave move, the analyst is watching for confirmation of five wave to confirm wave 2 bottom. A break below $170 would negate the immediate upward potential from that point and open the door to a retest of the support zone ($141-$161). The target is $191.74. A break above $181.70 may indicate wave 5 has started.