Overnight Solana traded marginally above the $122 area. I can make out 5 waves up and a corrective 3 waves down. Price now needs to make a higher high on an explosive rally that should reach over at least $133 as outlined in the attached chart. This structure has us pointing to a double top or the $152 area. Any breach of $114 and we’re probably going to tag the $109.84 area. I’ll update todays events this evening.

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Best to all.

Chris