Elliott Wave | Bearish End Confirmed? | Last Chance Before the D

The current structure suggests we are approaching a key decision point. Price has completed an a-b-b correction and is now reacting within the 61.8%-88.7% Fibonacci retracement zone, which could trigger a relief bounce before further decline.

📉 **Bearish Outlook:**
- The recent structure confirms a completed a-b-c move, leading to a potential Wave (B) retracement.
- The final bearish target lies in the "End of Bear" zone (~109 USD), where a final capitulation may occur.
- If we break far below **109 USD**, expect an accelerated sell-off.

📈 **Bullish Scenario?**
- The 78.6%-88.7% Fibonacci retracement zone could push SOL towards a short-term bounce before resuming the bearish trend.
- A valid long trade is possible if this support holds.

⚠️ Key Levels to Watch:
✅ Bullish Rejection Zone: 78.6% - 88.7% Fibo
❌ Break Below 105 USD = Full Bearish Confirmation

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### 📌 **Trading Plan:**
1️⃣ Potential Short-Term Long if 78.6% - 88.7% Fibo holds.
2️⃣ Target: Resistance before wave (C) completes.
3️⃣ Short Confirmation** after rejection OR break below 105 USD.

‼️ Risk Management:
- If price fails to hold, a deeper correction is expected.
- Trade with proper stop-loss & confirmations!

💬 What do you think? Will we see a short-term bounce before the bear takes over?

交易進行

Buy is active. SL under the yellow line. Tp the blue fib level.

註釋

we need to see a clear break of the acutal sup/res box which the market build up for the last 3 days.

交易結束：目標達成

Closed Early because I see another set up more likely.20$ per solana profit.