This slight up-trending consolidation we have in Solana could go two ways.

The attached 15 minute chart shows price could be in a leading diagonal to kick things off to the upside, or one more low to reconcile itself later on this evening.

I favor the alternative of OML . Nonetheless, this retrace from $143 is getting long in the tooth so to speak to be a 4th wave given the long and deep wave 2 we had.

My fear is we will loose the impulsive structure that started on February 24th. By tomorrow we should have more signs of Solana’s intention.

Best to all.

Chris