Solana's Weekend Vibe: Stuck in a Trading Box 🚀

robot
Abstract generation in progress

SOL drifts in that ascending wedge as October rolls in. The Elliott Wave thing looks good. Kinda promising actually. But price needs to stay up above those support floors.

🔑 What to keep an eye on:

Daily Support: $140-$161 Quick Support: $192-$197 Ceiling above: $208-$212 If things get ugly: $166-$181

SOL's trapped. Just bouncing between $192 and $212. Classic squeeze play. This weekend might break the stalemate.

📊 Wave Talk:

Since April's bottom, SOL seems to be riding a C wave up. Should be a five-wave thing. Got what looks like waves 1-2 formed. Momentum's been weak since Thursday though. Makes things a bit fuzzy.

Break $212? We might zoom to $360-$380. That would be sweet. 🌕 Fall under $192? Back to $166-$181 we go. Trendline waits there.

⚖️ Market Mood:

It's a standoff:

  • Bulls want $212 to crack
  • Bears pushing for under $192
  • Neither winning? We drift sideways

Weekend's coming. Watch that $192-$197 floor. The $208-$212 ceiling matters too. Once something gives, we'll know if SOL keeps climbing or needs to cool off a bit. 🔥

SOL-2.03%
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