SOL/FDUSD Analysis: Wave 3 Greed Meets Weekend Reversal RiskSOL / FDUSDBINANCE:SOLFDUSDSpotSafeCapitalThe market is currently fueled by immense greed, a classic psychological hallmark of an aggressive Wave 3 surge. While momentum remains strong, exercise caution as weekend profit-taking often triggers sharp, sudden reversals. Here is how the market psychology aligns with the Elliott Wave structure on the 1H chart: Wave 3 Peak and Extreme Greed Psychology: Euphoria and FOMO are pushing prices vertically with minimal pullbacks. Technical Structure: Price is testing the top of an impulsive Wave iii (or sub-wave 5) in the $89.40 – $90.69 target zone. Weekend Risk and Wave 4 Retracement Psychology: Traders locking in profits before the weekend could trigger a quick flush. Key Trigger: A break below $87.01 confirms the start of the Wave iv correction. Target Support Zone (Fib Retracement): 0.236: $86.13 0.382: $83.85 0.500 (Primary Target): $82.01 0.618: $80.18 Final Wave 5 Extension Projection: Once Wave iv completes near the $82.00 – $83.85 demand zone, we expect a final push (Wave v) toward the upper target zone at $94.21 – $94.72, with major resistance sitting at $96.00 (c). Execution Plan: Correction Trigger: Below $87.01 - Protect gains; tighten Stop Losses or take partial profits from Wave 3. Buy Zone (Wave iv): $82.01 – $83.85 - Watch for reversal confirmation to catch the Wave v ride. Final Target (Wave v): $94.21 – $94.72 - Primary Take-Profit zone before major resistance. Disclaimer: Not financial advice. Always manage your risk and set tight stop-losses when trading into the weekend!