SOLFDUSD 20/08/2026 10:27 UTC+7SOL / FDUSDBINANCE:SOLFDUSDSpotSafeCapitalSolana is demonstrating a clean impulsivity following the completion of a major Wave (C) bottom near the $56.00 mark. Price structure currently suggests we are developing inside Wave C (Green). 🔍 Technical & Wave Breakdown: • Wave i topped out around $76.00 before Wave ii retraced into the $72.35–$74.24 demand zone. • The rally to $84.39 represents Wave a (purple) inside the primary Wave 3. • We are now watching for a healthy corrective Wave b (purple) pullback to offer a high-probability entry before the next leg up. 🎯 Wave b (Purple) Retracement Support Cluster: • 0.382 Fib: $82.36 • 0.500 Fib: $80.82 • 0.618 Fib: $79.28 (Golden Pocket) • 0.764 Fib: $77.37 🎯 Upside Targets: • Wave c (Purple): $92.49 – $94.21 • Wave 5 (Macro Wave C Target): $95.00 – $96.00 ⚠️ Invalidation Level: The bullish impulse setup remains valid as long as price holds above $72.35 (origin of Wave iii). A 4H candle close below this level invalidates the immediate impulse count. 💡 Trading Strategy: Patience is key. Instead of chasing the top at current levels, monitor lower timeframes (15M/1H) for reversal patterns (e.g., bullish engulfing, RSI divergence) inside the $79.28–$82.36 zone. Proper risk management is advised. What are your thoughts on SOL's current structure? Let me know in the comments below!