SLNH / Daily

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SLNH / DailySoluna Holdings, Inc.BATS:SLNHElliottChartSLNH — 📊Daily Technical Update As discussed in prior updates, SLNH has declined approximately 27% this week, confirming persistent bearish momentum in the near term. If Minute Wave ⓑ has structurally completed, the downward move in Minute Wave ⓒ is expected to extend toward the projected target of $1.66🎯 into mid-November. Bearish Alternate Scenario Under this alternate scenario, Minor Wave 4 is currently unfolding — a pullback that would retrace up to –66%, consistent with the behavior typically observed within a Leading Diagonal structure. This retracement is expected to be sharp and volatile, characteristic of fourth waves in such formations in Diagonal. The near-term downside target is projected around $1.66, with potential support near the apex of the convergent equivalence lines. This outlook is derived from insights within my Quantum Models framework. Bullish Alternate Scenario The rising price action since early April continues to develop as a potentially bullish structure in Leading Diagonal, forming Intermediate Wave (1). The Int. Wave (1) is projected to complete near $6.66🎯 — a key target zone to watch as the bullish structure develops. #QuantumModels #EquivalenceLines #Targeting #MarketAnalysis #TechnicalAnalysis #ElliottWave #WaveAnalysis #TrendAnalysis #FibLevels #FinTwit #TradingView #Investing #SLNH #GreenDataCenters #BitcoinMining #CryptoMining #AIStocks #HPC #AI #BTC #Bitcoin #BTCUSD BTC BTCUSD