Part 4/6:
Zooming into shorter timeframes reveals two potential pathways for Solana's price action. The first scenario presents a corrective formation where the current movements are interpreted as part of a larger wave structure:
Wave B is anticipated to rise, followed by a C-wave decline within the larger wave four.
The second pathway suggests a more direct breakout from the recent pullback, leading Solana into a sequence of movements defined as 1, 2, 3, 4, 5, signaling bullish momentum and the potential for new all-time highs soon.
Both scenarios maintain a positive outlook on Solana's price movement, with analysts expressing confidence that higher prices are on the horizon regardless of which wave pattern ultimately unfolds.