SOL — POSSIBILITY 2 STILL IN PLAYSOL / FDUSDBINANCE:SOLFDUSDSpotSafeCapital**SOL — POSSIBILITY 2 STILL IN PLAY** After reviewing the latest price action, I believe my previous analysis that leaned toward **Possibility 1 was likely incorrect**. The current structure is showing stronger evidence that we are still following **Possibility 2**. According to this count, SOL is currently developing **Purple Wave 4**. This could explain the frustrating price action we have been seeing recently. Instead of making a clean directional move, SOL continues to move back and forth in a relatively narrow range. That behavior is actually quite common during **Elliott Wave 4**. Wave 4 often develops as a complex correction, producing: • Sideways price action • Choppy movement • Zigzags • Multiple false breakouts • A lack of clear direction So, the current market behavior does not necessarily invalidate the bullish structure. It may simply be the market completing Wave 4 before the next impulsive move. ### KEY LEVEL **$74.79 is the important invalidation level for Possibility 2.** As long as SOL remains above this level, Possibility 2 remains valid. If Wave 4 completes successfully, the next potential move would be **Purple Wave 5**, with the projected area around: 🎯 **$78.14 — $80.21** For now, I am watching the structure rather than reacting to every small move. **Sometimes the market is not doing nothing — it is simply building the next wave.** #SOL #Solana #ElliottWave #TechnicalAnalysis #CryptoAnalysis #TradingView #SOLAnalysis #CryptoTrading