SLNH / 4HSoluna Holdings, Inc.BATS:SLNHElliottChartSLNH — 4H Zoom-In Analysis As outlined in previous daily updates, Soluna Holding Inc. has resumed its decline this week, confirming near-term bearish momentum. On the 4-hour chart, the Leading Diagonal in Minute Wave ⓐ structurally suggests that an impulsive sequence may be unfolding as Minute Wave ⓒ, which would conclude the near-term bearish phase, representing the retracement within Minor Wave 4. Bearish Alternate Scenario In this alternate view, Minor Wave 4 appears to be in progress — a corrective pullback📉 potentially retracing as much as 66%, aligning with the structural tendencies seen in Leading Diagonals. Such fourth-wave retracements are often sharp and volatile, reflecting heightened market indecision. The near-term downside target now is projected near $1.39🎯, 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 Leading Diagonal structure, forming Intermediate Wave (1). The Int. Wave (1) now is projected to complete around $7.84🎯 — 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